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remy2012 remy2012
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A year ago
RBC Royal Bank approved a four-year $20,000 Royal Buy-Back Car Loan to Zaman at 7.5% compounded monthly. The monthly payments are to reduce the balance on the loan to the Royal Bank's guaranteed buy-back value of $7250. Calculate the monthly payment.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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stephvelez1318stephvelez1318
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A year ago
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