Question: PLEASE ROUND ALL ANSWERS TO TWO DECIMAL POINTS Question 15 1 pts 15. Your best friend needs to borrow $200. He can begin making monthly

PLEASE ROUND ALL ANSWERS TO TWO DECIMAL POINTS

Question 15 1 pts 15. Your best friend needs to borrow $200. He can begin making monthly payments on the debt in one year. If an appropriate rate of interest is 8%, how large should his payments be to repay you in 12 monthly periods

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