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Find i(the rate perperiod) and n(the number ofperiods) for the following loan at the given annual rate. Monthly payments of $263.10 are made for 9
Find i(the rate perperiod) and n(the number ofperiods) for the following loan at the given annual rate.
Monthly payments of $263.10 are made for 9 years to repay a loan at 9.2% compounded monthly.
i= (type an integer or decimal rounded to four decimal places asneeded.)
n=
Solve for I and N
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