You take out a new-car loan from an internet bank that compounds interest weekly and requires weekly
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You take out a new-car loan from an internet bank that compounds interest weekly and requires weekly payments. The interest rate is 5.5%. What is the weekly payment for a $20,000, five-year loan, assuming one year is exactly 52 weeks?
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Related Book For
Analysis Synthesis And Design Of Chemical Processes
ISBN: 9780134177403
5th Edition
Authors: Richard Turton, Joseph Shaeiwitz, Debangsu Bhattacharyya, Wallace Whiting
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