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bmwprincess bmwprincess
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A year ago
The interest rate on a $30,000 loan is 7.5% compounded monthly.


a) What monthly payments are required to pay off the loan in eight years?
b) What monthly payments would be required to reduce the balance to $10,000 after five years?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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dangoondangoon
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A year ago
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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