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Science-Related Homework Help Mathematics Topic started by: Merlin891 on May 29, 2023



Title: A $6500 loan at 11.25% compounded monthly is to be repaid by three equal payments due 3, 6, and 12 ...
Post by: Merlin891 on May 29, 2023
A $6500 loan at 11.25% compounded monthly is to be repaid by three equal payments due 3, 6, and 12 months after the date of the loan. Calculate the size of each payment.


Title: Re: A $6500 loan at 11.25% compounded monthly is to be repaid by three equal payments due 3, 6, and 12 ...
Post by: duhello on May 29, 2023
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