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Home Q & A Board Science-Related Homework Help Mathematics
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sunnisam sunnisam
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A year ago
A loan of $17,200 at 9% compounded monthly is to be paid off by equal payments to be made at the end of every month for three years. What is the size of the monthly payment?

▸ $561.48

▸ $679.49

▸ $606.78

▸ $477.78

▸ $546.96
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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JsimonJsimon
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A year ago
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Anonymous
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7 months ago
Help! The answer is missing an explanation...
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