Mathematics, 12.09.2021 22:00 eswi9731
Installments
Mercedes takes out a loan for $15,000 at a simple interest rate of 4% to be paid back in 48 monthly
installments.
What is the amount of the monthly payments?
Round the answer to the nearest cent if necessary.
Answers: 2
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Mercedes takes out a loan for $15,000 at a simple interest rate of 4% to be paid back...
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