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Bancroft Corp. is considering a loan of 43,900 that would be used to purchase a new machine. The loan is set to be paid off

Bancroft Corp. is considering a loan of 43,900 that would be used to purchase a new machine. The loan is set to be paid off monthly over six years at an interest rate of 8.4% a year
Compound monthly, what will be the monthly amount of Bancroft Corp. loan payment

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