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Mathematics, 04.05.2022 08:50 aambert7256

A couple borrows $10000. The annual interest rate is 10.50%, payable monthly, and the monthly payment is $200. How much of the first payment goes to interest and how much to principal? Ans: $87.50 and $112.50

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A couple borrows $10000. The annual interest rate is 10.50%, payable monthly, and the monthly paymen...
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