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July 29, 2015

Homework Help: QM

Posted by chan on Saturday, October 15, 2011 at 5:50am.

I have borrowed a sum of $150000 for buying house at 12% simple interest per year at the beginning of a year.The loan has to be repaid by three payment of $10000,$30000 and $X at the end of February, July and November of the same yaer respectively. Find $X.

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