Question
Mark borrowed $16,868 to help pay for expenses. If the loan carries an annual interest rate of 4.6% and he wants to be debt
Mark borrowed $16,868 to help pay for expenses. If the loan carries an annual interest rate of 4.6% and he wants to be debt free in 3 years by making monthly payments, how much will each payment be?
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Get StartedRecommended Textbook for
Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
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