Jehona took an $8000 loan at 11% compounded quarterly in order to purchase equipment for her hair
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Jehona took an $8000 loan at 11% compounded quarterly in order to purchase equipment for her hair salon. Calculate the month-end payments required to settle the loan in 5 years, if her first payment is made 1 year and 4 months from now.
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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