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Posted on Jul 16, 2024

Juan purchased a machine for $25,000 using a 7 year loan at 7.20% compounded quarterly. If the first payment was made one month from when

Juan purchased a machine for $25,000 using a 7 year loan at 7.20% compounded quarterly. If the first payment was made one month from when he purchased the machine, what is the size of the monthly payments? $0.00 Round to the nearest cent

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