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Mathematics, 08.02.2021 19:00 RiverH246
Calculate the total payback for a $3,500 loan at 8% annual interest with monthly payments for two years. Show all of your steps.
Use the formula,
M=Pm(1+m)na(1+m)na−1 as needed
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Calculate the total payback for a $3,500 loan at 8% annual interest with monthly payments for two ye...
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