Suppose today is January 1, 2020, Maschera Corp. has a loan with an APR of 18% whose principal is reduced by $4,000 on the last day of every month. The balance outstanding on this loan on December 31, 2019 (i.e., yesterday) was $389,000. Find the TOTAL amount of interest that Maschera will pay over the next calendar year; that is, over the next 12 months. (Acceptable error = $200)
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sorry for i didn't know this
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