In order to buy a used car, a person borrows $4000 from the bank at 6% interest
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In order to buy a used car, a person borrows $4000 from the bank at 6% interest compounded monthly. The loan is to be paid off in 3 years with equal monthly payments. What will the monthly payments be?
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Related Book For
Finite Mathematics And Its Applications
ISBN: 9780137616619
13th Edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel , Jill Simmons
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