How much is your outstanding debt after five payments

Reference no: EM132139649

Question: You borrowed $100,000 with an interest rate of 12% to be paid back with 10 equal end-ofyear payments. How much is your outstanding debt after 5 payments? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132139649

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