What periodic payment at the end of each month will settle a student loan of $45,000 in
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What periodic payment at the end of each month will settle a student loan of $45,000 in seven years? Assume that the interest rate of the loan is 6.75% compounded monthly.
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Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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