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mark matthews borrowed money to purchase equiptment. the loan is repaid by making payments of $1081.47 at the end of every 3 monthsover 6 years.
mark matthews borrowed money to purchase equiptment. the loan is repaid by making payments of $1081.47 at the end of every 3 monthsover 6 years. if interest is 5.2% compounded monthly, what was the original loan balence?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
6th Edition
125991965X, 978-1259919657
