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gewusel gewusel
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6 years ago
What payment is required at the end of each month for 3 years to repay a loan of $8000.00 at 6.4% compounded monthly?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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wrote...
6 years ago
8000.00 = PMT 
8000.00 = PMT(32.6760126)
$244.83 = PMT
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