If you borrow $5,400 and repay the loan by paying $300 per month to reduce the loan

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If you borrow $5,400 and repay the loan by paying $300 per month to reduce the loan and 1.5% of the unpaid balance each month for the use of the money, what is the total cost of the loan over 18 months?
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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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