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revAdmin (Created page with "A loan is amortized with level monthly payments at an annual effective interest rate of 10%. The amount of principal repaid in the 6th month is 500. Calculate the principal repaid in the 30th month. <ul class="mw-excansopts"><li>500</li><li>555</li><li>605</li><li>705</li><li>805</li></ul> {{soacopyright | 2023 }}")Nov 19'23 at 0:55+318