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QUESTION
you bank offersto lend you $180000 at an 8.5% annual interest rate to start your business . The terms require you amortize the loan with 10 equal end...
you bank offersto lend you $180000 at an 8.5% annual interest rate to start your business . The terms require you amortize the loan with 10 equal end -of-year payment . how much interest would you be paying in year2?
