Find the Trade Value by the method of least squares in the following series ;
Year 1954 1955 1956 1957 1958 1959
Production 7 10 12 14 17 24
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Explanation:
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.Divide your interest rate by the number of payments you'll make in the year (interest rates are expressed annually). so, for example, if you're making monthly payments, divide by 2.
Explanation:
multiply it by the balance of your loan, for the first payment, will be your whole principal amount.
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