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Elk Ridge Bar and Grill has a seven-year loan of 23200 with Bank of America it plans to repay the loan and 7 equal installments
Elk Ridge Bar and Grill has a seven-year loan of 23200 with Bank of America it plans to repay the loan and 7 equal installments starting today if the rate of interest is 7.10 per cent how much will each payment be? round intermediate calculations to 4 decimal places
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