Question: If possible could you solve it use the finace formular not ecxel,thank you very much! Bank granted a credit, which is paid in 12 fixed
Bank granted a credit, which is paid in 12 fixed installments, each 5,000 PLN paid at the end of each half a year. Equivalent nominal rate is 2.5% per quarter under quarterly capitalization. What is the principal amount of this credit
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