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PLEASE SLOVE THIS & SHOW THE WORK Mr. Spend has accumulated credit card loans of $15,000 and Is finding it difficult to make payments. His

PLEASE SLOVE THIS & SHOW THE WORK

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Mr. Spend has accumulated credit card loans of $15,000 and Is finding it difficult to make payments. His local bank has offered him a consolidation loan to payoff all the credit card loans. The loan calls for monthly payments for 10 years and has a nominal Interest rate of 5.99% (APR). What will Mr. Spend's monthly payments be If he takes the loan

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