Multiple Choice
Find the periodic payment that will render the sum:
-FV = $ 42,000, interest is 8% compounded monthly, payments made at the end of each month for 3 years
A) $ 3373.51
B) $ 1036.13
C) $ 2213.19
D) $ 12,433.54
Correct Answer:
Verified
Correct Answer:
Verified
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