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A loan of $10000 is repaid at the beginning of every month by payments of $620. Interes is 3% compounded monthly. a)How many payments are
A loan of $10000 is repaid at the beginning of every month by payments of $620. Interes is 3% compounded monthly.
a)How many payments are required to pay the debt fully?
c)size of the final payment?
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