Using constant payment loan method

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Reference no: EM131072819

Calculate interest and principle for a $200,000 loan with the rate of 6% that has to be repaid over 8 years (from year 1 to year 8) using Constant Payment Loan method.

Reference no: EM131072819

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Using constant payment loan method : Calculate interest and principle for a $200,000 loan with the rate of 6% that has to be repaid over 8 years (from year 1 to year 8) using Constant Payment Loan method.

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