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Science-Related Homework Help Mathematics Topic started by: Baradar on Jun 18, 2023



Title: Quarterly payments of $3000 are required on an $80,000 loan at 8.0% compounded quarterly. a) ...
Post by: Baradar on Jun 18, 2023
Quarterly payments of $3000 are required on an $80,000 loan at 8.0% compounded quarterly.


a) Calculate the interest component of Payment 30.
b) Calculate the principal component of Payment 9.
c) Calculate the final payment.


Title: Re: Quarterly payments of $3000 are required on an $80,000 loan at 8.0% compounded quarterly. a) ...
Post by: doublekud on Jun 18, 2023
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