Lavonda took out a $7,500 loan with an APR of 3.875% and agreed to pay it back

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Lavonda took out a $7,500 loan with an APR of 3.875% and agreed to pay it back monthly over 6 years. How many monthly payments did she make?

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Financial Algebra Advanced Algebra With Financial Applications

ISBN: 9781337271790

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

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Question Posted: Sep 13, 2022 01:02 AM

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Lavonda took out a $7,500 loan with an APR of 3.875% and agreed to pay it back

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Given data principal7500 rate 3875 003875 time 6years The expression for the final amo...View the full answer

Financial Algebra Advanced Algebra With Financial Applications

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