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Adam teceved a loan of $37,000 at 6.5% compounded monthly. He had to make payments at the end of every month for a period of
Adam teceved a loan of $37,000 at 6.5% compounded monthly. He had to make payments at the end of every month for a period of 7 years to settle the loan. a. Caiculate the size of payments. b. Fill in the purtial amortization schedule for the loan, founding your answers to two decimal places
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