Nicholas received a loan of 24000 from the bank at 600


Nicholas received a loan of $24,000 from the bank at 6.00% compounded monthly. If he had to repay $350 at the end of every month, what wil be the principal balance at the end of 2 years?

 

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Business Management: Nicholas received a loan of 24000 from the bank at 600
Reference No:- TGS01380098

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