You miss the 13th to 15th payments of a loan. The loan payments are $323.80 each month

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You miss the 13th to 15th payments of a loan. The loan payments are $323.80 each month and the interest rate is 5.45% compounded annually. How much are you behind in your payments on the day that you miss the 15th payment?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0134141084

11th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs

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Question Posted: Nov 29, 2017 06:47 AM

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You miss the 13th to 15th payments of a loan. The loan payments are $323.80 each month

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PMT 32380 i 545 c 112 p 10545 112 1 ...View the full answer

Contemporary Business Mathematics with Canadian Applications

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