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Business, 11.03.2020 02:48 lazymarshmallow7
CTL (Concrete Testing Lab) borrowed $160,000 for new equipment at 10% per year, compounded quarterly. It is to be paid back over 3 years in equal quarterly payments, How much interest is in the 6th payment? How much principal is in the 6th payment? What principal is owed immediately following the 6th payment? $
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CTL (Concrete Testing Lab) borrowed $160,000 for new equipment at 10% per year, compounded quarterly...
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