Amortization payment abc company agrees to pay a 50000
Amortization Payment. ABC Company agrees to pay a $50,000 loan in eight equal year-end payments. The interest rate is 12 percent.
(a) What is the annual payment? (b) What is the total interest on the loan?
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amortization payment abc company agrees to pay a 50000 loan in eight equal year-end payments the interest rate is 12
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