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  3. a bank lends you $75000 at a rate of 8.5% requirin

A bank lends you $75000 at a rate of 8.5% requiring you to repay it...

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Finance

A bank lends you $75000 at a rate of 8.5% requiring you to repay it is 5 equal installments at the end of the 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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