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Home Q & A Board Science-Related Homework Help Mathematics
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justxdrive justxdrive
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10 months ago
A car loan is to be repaid by equal monthly payments for four years. The interest rate is 7.2% compounded monthly and the amount borrowed is $17,355. How much interest will be included in the first payment?

▸ $375

▸ $1,050

▸ $125

▸ $104

▸ $309
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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satish1015satish1015
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10 months ago
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justxdrive Author
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10 months ago
Smart ... Thanks!
Kstan109
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Yesterday
Correct Slight Smile TY
bahajo
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2 hours ago
Thanks for your help!!
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