your company is Planning to borrow R1000000 on a 5 year, 15%, annual payment, fully amortized term loan. what fraction o

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answerhappygod
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your company is Planning to borrow R1000000 on a 5 year, 15%, annual payment, fully amortized term loan. what fraction o

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your company is Planning to borrow R1000000 on a 5 year, 15%, annual payment, fully amortized term loan. what fraction of payment made at the end of the second year will represent repayment of principal?
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