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dianneDianne borrows K 1 2 0 0 0 from her bank to start an importing business.The bank charges an annual intrerest rate of 2 .

dianneDianne borrows K

12000

from her bank to start an importing business.The bank charges an annual intrerest rate of

2.5

percent compounded minthonthly over

5

years.What monthly payments would Dianne have to make? show calculations

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