Question: An electronics store signed a note with a face value of $49,000 that requires 24 monthly payments of $2,250. The manager decides to pay the
An electronics store signed a note with a face value of $49,000 that requires 24 monthly payments of $2,250. The manager decides to pay the debt in full after 18 months. Find the amount needed to repay the loan in full using the Rule of 78.
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