How much of the third payment is interest do not enter the, Finance Basics

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How much of the third payment is interest do not enter the

Gertrude Carter and Co. has an outstanding loan that calls for equal annual payments of $14,903 over the 10-year life of the loan. The original loan amount was $100,000 at an APR of 8 percent. How much of the third payment is interest? Do not enter the symbol $ in your answer. Simply enter the answer rounded off to two decimal points.

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Finance Basics: How much of the third payment is interest do not enter the

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Finance Basics: How much of the third payment is interest do not enter the

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Finance Basics: How much of the third payment is interest do not enter the

Reference No:- TGS0612183

Recent Questions Asked Finance Basics

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