Business
Business, 25.11.2021 07:40, malacath3394

You are considering taking out a loan of $7,000.00 that will be paid back over 12 years with quarterly payments of $186.41. If the interest rate is 4.2% compounded quarterly, what would the unpaid balance be immediately after the eighth payment

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You are considering taking out a loan of $7,000.00 that will be paid back over 12 years with quarter...

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