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m=(((r)/(1,200))(1+(r)/(1,200))^(N))/((1+(r)/(1,200))^(N)-1)P rmula above gives the monthly payment m d to pay off a loan of P dollars at r percent

m=(((r)/(1,200))(1+(r)/(1,200))^(N))/((1+(r)/(1,200))^(N)-1)P rmula above gives the monthly payment m d to pay off a loan of P dollars at r percent

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