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Find the periodic payment that will render the sum FV = $17000 , interest is 8% compounded monthly , payments made at the end of
Find the periodic payment that will render the sum
FV = $17000 , interest is 8% compounded monthly , payments made at the end of each month for 3 years
Options:
A. PMT = 419.38
B. PMT =5032.62
C. PMT =895.82
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