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| rev | Admin | (Created page with "A debt is amortized with 120 level payments at the end of each month based on an annual effective interest rate of 8%. The amount of principal in the sixth payment is 600. Calculate the amount of principal in the 24th payment. <ul class="mw-excansopts"><li>532</li><li>673</li><li>700</li><li>704</li><li>784</li></ul> {{soacopyright | 2023 }}") | Nov 19'23 at 12:47 | +346 |