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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 8
Amortization payment
Randy Scott purchased a motorcycle for $8,500 with a loan amortized over 5 years at 7.2% interest. What equal monthly payments are required to amortize this loan?
Randy Scott purchased a motorcycle for $8,500 with a loan amortized over 5 years at 7.2% interest. What equal monthly payments are required to amortize this loan?
Explanation
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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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