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If Hudson Inc borrows 500000 on a 10 percent add on basis payable in 12 equal end of month installments how large would the monthly payments be?
Wiki User
∙ 14y ago
45833.33 (recurring). In order to get round the recurring decimal, you would require8 payments of 45833.33 and 4 of 45833.34
Wiki User
∙ 7y ago
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