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2 A contractor decided to borrow $7000 from a bank in order to buy an equipment for his company. The bank allows him pay back
2 A contractor decided to borrow $7000 from a bank in order to buy an equipment for his company. The bank allows him pay back his loan in five years at a monthly interest rate of 7%, the farmer can pay $66 per month but can increase his monthly payment by a certain value in arithmetic way G value). What should be the G value so that he finished the loan by the end of five years? ed out of O $ 7926.59 question $ 32.69 $ 607341 $ 4.99 $ 98274.27 Next page a
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