Question: Need help to reach the solution! 5. A ceuple burrows $15 ' to be rep-aid 1with monthly payments over 48 months at j: = 13%.

Need help to reach the solution! 5. A ceuple burrows $15

Need help to reach the solution!

5. A ceuple burrows $15 ' to be rep-aid 1with monthly payments over 48 months at j: = 13%. They make the rst 14 payments and miss the next three. What new monthly payments over 31 months would repay the loan on schedule? Solution $4221}

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