The original loan amount was 72000 at an apr of 815 percent


Sheet Metals has an outstanding loan that calls for equal annual payments of $12,600.47 over the life of the loan.

The original loan amount was $72,000 at an APR of 8.15 percent. How much of the third loan payment is interest?

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Financial Management: The original loan amount was 72000 at an apr of 815 percent
Reference No:- TGS02778939

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