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  • 26-01-2024
  • Mathematics
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A debt of 8,000 Eur with 12% interest compounded over 6 months must be amortized with equal 6 monthly installments of R - Eur each for the next 2 years. The first installment will be paid after 6 months. Find: (18 points) a) Kestin R b) The last installment c) Build the full amortization schedule

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