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Mathematics, 28.10.2019 19:31 tatia65

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katelyn plans to apply for a $10,000 loan at an interest rate of 5.6% for 5 years. use the monthly payment formula to complete the statement.

m =

m = monthly payment
p = principal
r = interest rate
t = number of years
rounded to the nearest cent, katelyn’s monthly payment for the loan is $

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