You have a loan with the following information:
Principal: $25,000
Interest rate: 6.2%
...
Mathematics, 29.07.2021 21:20 FromTheDeskOfLauren
You have a loan with the following information:
Principal: $25,000
Interest rate: 6.2%
Compounded: monthly
Monthly payment: $231.49
What is the balance of the loan at the end of 1 month?
Answers: 3
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