Business, 18.03.2021 01:50 kcopeland210

Alex Karev has taken out a $ loan with an annual rate of percent compounded monthly to pay off hospital bills from his wife Izzy's illness. If the most Alex can afford to pay is $ per month, how long will it take to pay off the loan? How long will it take for him to pay off the loan if he can pay $ per month? Use five decimal places for the monthly percentage rate in your calculations.

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Alex Karev has taken out a $ loan with an annual rate of percent compounded monthly to pay off hosp...

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