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Posted on Jul 27, 2024

A company borrows $ 1 4 3 0 0 0 today at 9 % nominal annual interest. The monthly payment of a 4 - year

A company borrows $

143000

today at

9 %

nominal annual interest. The monthly payment of a

4 -

year loan is most nearly

(

write your answer to the first decimal place

)

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