a) what is the effective interest rate b ) what is the periodic payment for year 1 c) what is the outstanding balNce at

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answerhappygod
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a) what is the effective interest rate b ) what is the periodic payment for year 1 c) what is the outstanding balNce at

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a) what is the effective interest rate
b ) what is the periodic payment for year 1
c) what is the outstanding balNce at the end of year 1
d) what is the periodic payment for year 2
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