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| rev | Admin | (Created page with "A bank customer borrows X at an annual effective rate of 12.5% and makes level payments at the end of each year for n years. # The interest portion of the final payment is 153.86. # The total principal repaid as of time (n-1) is 6009.12. # The principal repaid in the first payment is Y. Calculate Y. <ul class="mw-excansopts"><li>470</li><li>480</li><li>490</li><li>500</li><li>510</li></ul> '''References''' {{cite web |url=https://web2.uwindsor.ca/math/hlynka/392oldt...") | Nov 27'23 at 1:07 | +638 |