The interest portion of the 10^th payment of $R on an amortized loan repaid monthly is $7.82,while the principal portion of the 10^th payment $43.93.If interest rate on the loan is j₁₂ = 18%,what is the term of the loan (n)in months? (Answer to the nearest month)

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The Answer of The interest portion of the 10^th payment of $R on an amortized loan repaid monthly is $7.82,while the principal portion of the 10^th payment $43.93.If interest rate on the loan is j₁₂ = 18%,what is the term of the loan (n)in months? (Answer to the nearest month)

The Interest Portion of the 10th Payment of $R on an Amortized

The Interest Portion of the 10^th Payment of $R on an Amortized