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Mathematics, 17.12.2021 01:00 rhettperkins

Claire needs to borrow $12,000 for a local bank. She compares the monthly payment for a 5.1% loan for three different periods of time. What is the monthly payment for a one-year loan? A two-year loan? A five year loan?

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Claire needs to borrow $12,000 for a local bank. She compares the monthly payment for a 5.1% loan fo...
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