Mr carloan is paying off a car loan by paying 400 at the
Mr. Carloan is paying off a car loan by paying $400 at the end of each month. The nominal interest rate is 12% per year. How much interest is paid in each of the following?
a. Last payment
b. Fourth from the last payment
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mr carloan is paying off a car loan by paying 400 at the end of each month the nominal interest rate is 12 per year how
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