Mathematics, 06.12.2021 14:00 yam78
1. Kristina took out a bank loan for $60,000 that must be repaid with regular monthly payments of $1100. The bank charges her an interest rate of 3.0% compounded monthly a) How many payments will Kristina have to make to pay off the loan. N=? I= ?PV = ?PMT= ? FV=? P/Y = ?C/Y =? END BEGIN b) How much interest will Kristina Pay?
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