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| rev | Admin | (Created page with "A loan of 10,000 is being repaid by payments of 1,000 at the end of each quarter for as long as necessary, plus a drop payment. The annual nominal rate of interest on the loan is 16% convertible quarterly. Calculate the amount of interest in the tenth payment. <ul class="mw-excansopts"><li>112</li><li>146</li><li>179</li><li>233</li><li>281</li></ul> {{soacopyright | 2023 }}") | Nov 19'23 at 1:31 | +380 |