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Home Q & A Board Science-Related Homework Help Mathematics
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gewusel gewusel
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6 years ago
How much total principal is repaid between the 1st and 7th payment interval of a 4.5-year loan for $4887 at an interest rate of 7.4% compounded monthly and the payments are also monthly. Round your answer to the nearest dollar.
A) $556
B) $546
C) $456
D) $445
E) $423
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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SupremeSupreme
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4 years ago
good help
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