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Determine the periodic payments PMT on the given loan or mortgage. (Round your answer to the nearest cent.) $700,000 borrowed at 8% for 9 years,
Determine the periodic payments PMT on the given loan or mortgage. (Round your answer to the nearest cent.) $700,000 borrowed at 8% for 9 years, with quarterly payments. PMT = $
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
4th Edition
0077262379, 978-0077262372
