1. $4000 loan at 10% stated interest rate for 1 year 2. $6000 loan at 7% stated...

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1. $4000 loan at 10% stated interest rate for 1 year
2. $6000 loan at 7% stated interest rate for 1 year
3. $3000 loan at 9% stated interest rate for 3 years
4. $10,000 loan at 8% stated interest rate for 2 years?
Use the add-on method to determine the monthly payment.
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Finite Mathematics and Its Applications

ISBN: 978-0134768632

12th edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

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