Question 30 (2 points) Listen Acme Industries Ltd. borrowed $50,000 and amortized the loan over...
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Question 30 (2 points) Listen Acme Industries Ltd. borrowed $50,000 and amortized the loan over 10 years at a rate of j1=8.00%. They will make monthly payments on the loan. a) Calculate the monthly loan payment rounded UP to the next cent: A/ b) What is the balance owing on the loan after 3 years? A
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