Question
Jeffrey borrowed $12251 to start his own business. He agrees to repay his debt over the next 3 years at an annual interest rate of
Jeffrey borrowed $12251 to start his own business. He agrees to repay his debt over the next 3 years at an annual interest rate of 9%, compounded monthly. What amount must Jeffrey repay each month? Round your answer to two decimal places and DO NOT include any signs or symbols.
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Sports Finance And Management Real Estate Media And The New Business Of Sport
Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills, Mackenzie Zondlak
2nd Edition
1138341819, 9781138341814
