Subjects finance

Loan Payment 1C4892

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Loan Payment 1C4892


1. **Stating the problem:** You have a loan and after 3 months you paid 13060 towards it. We need to find how much you will pay in the fourth month to clear the loan. 2. **Assumptions and formula:** Usually, loan payments involve principal and interest. Without specific interest rate or loan amount, we assume the loan balance after 3 months is the remaining amount to be paid in the fourth month. 3. **Step-by-step solution:** - Let the total loan amount be $L$. - After 3 months, you paid 13060, so the remaining balance is $L - 13060$. - To clear the loan in the fourth month, you must pay the remaining balance. 4. **Final answer:** - The amount to pay in the fourth month to clear the loan is $$L - 13060$$. If you provide the total loan amount or interest details, I can calculate the exact payment.