Monthly payments of $600 were not paid for 19 months. If interest was 19.8% com- pounded monthly,

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Monthly payments of $600 were not paid for 19 months. If interest was 19.8% com- pounded monthly, how much was owed?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Feb 26, 2016 03:54 AM

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Monthly payments of $600 were not paid for 19 months. If interest was 19.8% com- pounded monthly,

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Contemporary Business Mathematics with Canadian Applications

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