Larry is repaying a loan with payments of $2,200 at the end of every two...
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Larry is repaying a loan with payments of $2,200 at the end of every two years. If the amount of the interest in installment number 6 is $2096, find the amount of principal in installment number 13. Assume an annual effective interest rate of 10%. [6.a #12] At least $410, but less than $420 At least $420, but less than $430 At least $400, but less than $410 At least $390, but less than $400 At least $430, but less than $440
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