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Loans with Regular Blended Payments

Name: Anonymous 2008-12-01 2:58

the size and frequency of the payments are agreed upon, and will go on as long as needed to pay off the loan and interest

Name: Anonymous 2008-12-01 2:58

the last payment’s value needs adjustment to properly pay off the remaining balance and interest owed

Name: Anonymous 2008-12-01 2:59

check your work by seeing that the total amount paid equals the total principal repaid plus the total interest paid

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