Suppose you borrowed 10000 at a rate of 80 and must repay


Suppose you borrowed $10,000 at a rate of 8.0% and must repay it in 5 equal instalments at the end of each of the next 5 years. How much would you still owe at the end of the first year, after you have made the first payment?

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Financial Management: Suppose you borrowed 10000 at a rate of 80 and must repay
Reference No:- TGS01174068

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