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A loan for $50,000 is made for 10 years at 8 percent interest and no monthly payments are scheduled. (Assume monthly compounding.) a. How much
A loan for $50,000 is made for 10 years at 8 percent interest and no monthly payments are scheduled. (Assume monthly compounding.) a. How much will be due at the end of 10 years? PV 50,000.00 1 0.67% ...
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