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Mathematics, 08.02.2021 19:20 derbraz4588

Calculate the total payback for a $3,500 loan at 8% annual interest with monthly payments for two years. Show all of your steps. Use the formula M = Pm(1 + m)^na/(1 + m)^na - 1 as needed.

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Calculate the total payback for a $3,500 loan at 8% annual interest with monthly payments for two ye...
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