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A company has a loan of 80,000 to be paid I 20 annual level payments. The...

A company has a loan of 80,000 to be paid I 20 annual level payments. The interest and the principal repayment in the 13th payment are the same. Find the amount of principal repaid in the 6th payment. Use formulas of loans.

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ekkarill92 answered 2 years ago
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