Question
Mark borrowed $12,372 to help pay for expenses. If the loan carries an annual interest rate of 3.8% and he wants to be debt free
Mark borrowed $12,372 to help pay for expenses. If the loan carries an annual interest rate of 3.8% and he wants to be debt free in 2 years by making monthly payments, how much will each payment be?
Round your answer to the nearest dollar.
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
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