Business, 26.10.2020 16:40 HUNIXX6561

A $10,000 loan is to be repaid at the rate of $200 per month, with an annual effective interest rate of 19.56% charged against the unpaid balance. What principal remains to be paid after the third payment

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A $10,000 loan is to be repaid at the rate of $200 per month, with an annual effective interest rate...