If you borrow $4,000 from an online lending firm for the purchase of a computer and agree
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If you borrow $4,000 from an online lending firm for the purchase of a computer and agree to repay it in 48 equal installments at 0.9% interest per month on the unpaid balance, how much are your monthly payments? How much total interest will be paid?
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PV 4000 i 0009 n 48 i PMTPV 4000 11i T...View the full answer
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Related Book For 
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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