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Please show me how to work the problem out. I need to know step by step how to find the answer. Thank you How much
Please show me how to work the problem out. I need to know step by step how to find the answer. Thank you
How much will you owe a bank at the end of the 34th month if you took a loan of $125,000 for a period of 48 months at a rate of 4% per year compounded daily, if you paid the bank your entire bonus of $20,000 at the end of the 6th month to bring down the oan quickly? You make payments to the bank at the end of every month o $14,221 $15,727 o $16,590 O$18,063Step by Step Solution
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