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Need final answer only, asap Enter your answer to two decimal places Question 20 2 points Save Answer A loan of $16,000 at 7.8% compounded
Need final answer only, asap
Question 20 2 points Save Answer A loan of $16,000 at 7.8% compounded monthly is to be paid off by equal payments to be made at the end of every month for 4 years. What is the size of the monthly payment? Enter your answer to two decimal places.
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