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misserz0210 misserz0210
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A year ago
A home improvement loan is to be repaid by equal monthly payments for six years. The interest rate is 5.4% compounded monthly and the amount borrowed is $33,500. How much will the borrower still owe after four years?

▸ $12,389

▸ $11,167

▸ $31,909

▸ $23,675

▸ $18,660
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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jmmillerjmmiller
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A year ago
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Just got PERFECT on my quiz
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