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Consider a loan of $7,500 for a period of 3 years at a fixed APR of 9.5%. Complete parts (a) through (c) below. a. Calculate
Consider a loan of
$7,500
for a period of
3
years at a fixed APR of
9.5%.
Complete parts (a) through (c) below.
a. Calculate the monthly payment.
The monthly payment is
$nothing.
(Do not round until the final answer. Then round to the nearest cent as needed.)
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