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Please help me with this question. Thank you! If no payments are made, a loan of amount$22000 would increase to$26530.90 after 2 years of monthly
Please help me with this question. Thank you!
If no payments are made, a loan of amount$22000 would increase to$26530.90 after 2 years of monthly compounding interest. If instead, payments of$326.89 are made at the end of each month, how many years would it be until the loan is paid off?
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