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If it can be done on the financial calculator please show how! thank you - Question 29 Jens just took out a loan from the
If it can be done on the financial calculator please show how! thank you
- Question 29 Jens just took out a loan from the bank for 78,736 dollars. He plans to repay this loan by making a special payment to the bank of 6,230 dollars in 2 years and by also making equal, regular annual payments of X for 8 years. If the interest rate on the loan is 4.96 percent per year and he makes his first regular annual payment in 1 year, then what is X, Jens's regular annual payment? 1 point Number Help Number Question 30 Marco just took out a loan from the bank for 74,552 dollars. He plans to repay this loan by making a special payment to the bank of 27,365 dollars in 2 months and by also making equal, regular monthly payments of X. If the interest rate on the loan is 1.09 percent per month, he makes his first regular monthly payment later today, and he makes his last regular monthly payment made in 4 months from today, then what is X, the amount of the regular monthly payment? 1 point Number Help NumberStep by Step Solution
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