Question: Use an amortization table to solve the problem. Round to the nearest cent. A $7,000 debt is to be amortized in 15 equal monthly payments
Use an amortization table to solve the problem. Round to the nearest cent. A $7,000 debt is to be amortized in 15 equal monthly payments of $504.87 at 1.00% interest per month on the unpaid balance. What is the unpaid balance after the second payment
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