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just doing section a is fine An individual borrowed $88,000 at an APR of 7%, which will be paid off with monthly payments of $654
just doing section a is fine
An individual borrowed $88,000 at an APR of 7%, which will be paid off with monthly payments of $654 for 22 years. a. Identify the amount borrowed, the annual interest rate, the number of payments per year, the loan term, and the payment amount. The amount borrowed is $ the annual interest rate is \%. the number of payments per year is the loan term is : years, and the payment amount is $ Step by Step Solution
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