We computed that a loan of $2500 at 6.5% interest can be repaid by ten installments of
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We computed that a loan of $2500 at 6.5% interest can be repaid by ten installments of $355.76, each being paid at the end of the year. What is the remaining balance of the loan after six years?
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ISBN: 978-1442539365
9th edition
Authors: Alvin A Arens, Peter J. Best, Greg Shailer, Brenton Fiedler
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