Question: You borrow $ 2 5 0 0 on September 3 rd this year. Your demand loan carries an interest rate of 7 . 4 6
You borrow $ on September rd this year. Your demand loan carries an interest rate of You make partial payments of $ on October th and $ on November th You want to make a final payment to pay off the remaining outstanding balance on November th What is the size of your final payment? Use the declining balance method.
a
$
b
$
c
$
d
$
e
$
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