wawan takes out a 2 0 . 0 0 0 for ten years at a level annual

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Question:

wawan takes out a

20.000

for ten years at a level annual effective interest rate

5 % .

at the end of each year,he pays

2000

in principal,which is

1 / 10

th of the loan amount, along with the interest due. find formula for pt

Posted Date: May 18, 2024 10:05 PM

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