You just obtained a loan of $13,000 with monthly payments for four years at 4.67 percent...
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You just obtained a loan of $13,000 with monthly payments for four years at 4.67 percent interest, compounded monthly. What is the amount of each payment? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) You just obtained a loan of $13,000 with monthly payments for four years at 4.67 percent interest, compounded monthly. What is the amount of each payment? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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