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A $7,100 loan at 11.85% compounded monthly is to be repaid by three equal payments due 3,6 , and 12 months after the date of
A
$7,100 loan at
11.85% compounded monthly is to be repaid by three equal payments due 3,6 , and 12 months after the date of the loan. Calculate the size of each payment. (Do not round intermediate colculations and round your final answer to 2 decimal places.)\ 00.09 .46\ Each loan payment
A $7,100 loan at 11.85% compounded monthly is to be repaid by three equal payments due 3,6 , and 12 months after the date of the Ioan. Calculate the size of each payment. (Do not round intermediate colculations and round your final answer to 2 decimal places.) Each loan payment
A
$7,100loan at
11.85%compounded monthly is to be repaid by three equal payments due 3,6 , and 12 months after the date of the loan. Calculate the size of each payment. (Do not round intermediate colculations and round your final answer to 2 decimal places.)\ 00.09 .46\ Each loan payment
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