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Given below is the principal owed on a student loan last month, the annual interest rate, and the way the minimum monthly payment is
Given below is the principal owed on a student loan last month, the annual interest rate, and the way the minimum monthly payment is computed. Find this month's minimum payment due. Principal $26,600 Method for Calculating Minimum Monthly Annual Rate Payment 12% finance charge + $30+ 1.5% of principal This month's minimum payment is $ (Round to the nearest cent as needed.)
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The Legal Environment of Business A Critical Thinking Approach
Authors: Nancy K Kubasek, Bartley A Brennan, M Neil Browne
6th Edition
978-0132666688, 132666685, 132664844, 978-0132664844
