Question: TESASK YOUR TEACHIWhat amortization payment (in $) would you need to make each month at 12% interest compounded monthly to pay off a loan of

TESASK YOUR TEACHIWhat amortization payment (in $) would you need to

TESASK YOUR TEACHIWhat amortization payment (in $) would you need to make each month at 12% interest compounded monthly to pay off a loan of $17,000 in 2 years? Use Table 12-2. (Round youranswer to the nearest cent.)

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