A loan of $49,600 is to be amortized by end-of-month payments of $1,000. How much...
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A loan of $49,600 is to be amortized by end-of-month payments of $1,000. How much interest will be included in the 31st payment if the interest rate is 10.8% compounded monthly. Round it to the nearest whole number. $536 $725 $338 $276 $308
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