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15odep=25597843&ztagsaut... his assignment, you submit answers by questions gnment Scoring best submission for each question part is used for your score. [1/2 points) DETAILS CRAUDQL3

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15odep=25597843&ztagsaut... his assignment, you submit answers by questions gnment Scoring best submission for each question part is used for your score. [1/2 points) DETAILS CRAUDQL3 4.2.015. 2/3 Submissions Used MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Rounding in the calculation of monthly interest rates is discouraged. Such rounding can lead to answers different from those presented here. For long-term loans, the differences may be pronounced. You borrow $26,000 with a term of two years at an APR of 5%. Use the Monthly Payments for Short-Term Loans Rule of Thumb to estimate your monthly payment. (Round your answer to the nearest cent.) $ 1141,3 X Compare this estimate with what the monthly payment formula gives. The actual monthly payment is about $57 greater than the estimated payment. The actual monthly payment is about $57 less than the estimated payment. The actual monthly payment is equal to the estimated payment eBook Submit Answer IM - O DI 3 Type here to search De 14

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