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14. You borrow $22,500 from your bank, to be repaid in monthly payments over four years (48 payments), starting at the end of the month.

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14. You borrow $22,500 from your bank, to be repaid in monthly payments over four years (48 payments), starting at the end of the month. If the bank charges you 6.5% interest APR, compounded monthly, what will your monthly payment be? 15 You are expecting to

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