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Business, 07.04.2020 20:30 MarlonJ02

On January 1, Pablo borrows $5,000 with a fixed interest rate on the loan of 10 percent and a loan term of 2 years. He will be making monthly payments of $230.72. How much of Pablo's first loan payment would be interest charged for January, the first month of the loan

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On January 1, Pablo borrows $5,000 with a fixed interest rate on the loan of 10 percent and a loan t...
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