A loan is being amortized by means of level monthly payments at an annual effective...
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A loan is being amortized by means of level monthly payments at an annual effective interest rate of 8%. The amount of principal repaid in payment number 16 is 1,600 and the amount of principal repaid in payment t is 4,978.75. Calculate t. [6.a #09] 193 216 O 199 210 O205
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