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    Mathematics
  3. Study Set
    Using and Understanding Mathematics
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    Exam 4: Managing Money
  5. Question
    Solve. -Calculate the Monthly Payment for a Loan of $13,000 at at a Fixed
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Solve. -Calculate the Monthly Payment for a Loan of $13,000 at at a Fixed

Question 203

Question 203

Multiple Choice

Solve.
-Calculate the monthly payment for a loan of $13,000 at a fixed APR of 7% over a period of 3 years.


A) $75.83
B) $25.28
C) $401.40
D) $473.61

Correct Answer:

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