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    Which of the Following Is the Monthly Payment on an 8
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Which of the Following Is the Monthly Payment on an 8

Question 42

Question 42

Multiple Choice

Which of the following is the monthly payment on an 8%, 36-month, add-on loan of $10,000? (Round the answer to the nearest dollar.)


A) $278
B) $300
C) $314
D) $344
E) $380

Correct Answer:

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