Mathematics, 09.12.2021 06:30 mandy9386

Casey received a loan of $8,600 at 4.50% compounded monthly. He settled the loan by making periodic payments at the end of every three months for 6 years, with the first
payment made 4 years and 3 months from now. What was the size of the periodic
payments?

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Casey received a loan of $8,600 at 4.50% compounded monthly. He settled the loan by making periodi...

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