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Enrique took a $81,000 loan at 3.22% compounded monthly and decided to make end of month payments of $2,482. 1) How many payments will Enrique
Enrique took a $81,000 loan at 3.22% compounded monthly and decided to make end of month payments of $2,482. 1) How many payments will Enrique have to make to amortize this loan? (rounded to the next higher whole number) 2) What will the size of his final payment be? SA (enter a positive value)
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