Lavonda took out a $7,500 loan with an APR of 3.875% and agreed to pay it back
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Lavonda took out a $7,500 loan with an APR of 3.875% and agreed to pay it back monthly over 6 years. How many monthly payments did she make?
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Given data principal7500 rate 3875 003875 time 6years The expression for the final amo...View the full answer
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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