Determine the sum of all interest
A person borrows $4000 agreeing to pay $50 at the end of each month to reduce the outstanding principal and agreeing to pay the interest due on any unpaid balance at rate of 2% per month. Determine the sum of all interest payments.
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a person borrows 4000 agreeing to pay 50 at the end of each month to reduce the outstanding principal and agreeing to
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