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Social Studies, 22.12.2020 04:00 randlemccray1907

A commercial bank will loan you $7,500 for two years to buy a car. The loan must be repaid in 8 equal quarterly payments. The annual interest rate on the loan is 12 percent. How large are the monthly payments?

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A commercial bank will loan you $7,500 for two years to buy a car. The loan must be repaid in 8 equa...
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