Question: Pathp QUESTION 16 16. Bancroft, Corp. is considering a loan of $18.900 that it would use to purchase a new machine. The loan is to

Pathp QUESTION 16 16. Bancroft, Corp. is considering a loan of $18.900 that it would use to purchase a new machine. The loan is to be paid off monthly over 5 years at an interest rate of 6.2% per year (compounded monthly). What will be the monthly amount of Bancroft, Corp's loan payment? (6 points) Arial 3 (12pt) T Path:p Words 0 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers acer

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