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Problem 77 Intro Your company took out an amortizing loan with the following terms: B 1 Amount 8,000 2 Term (years) 30 3 Interest rate
Problem 77 Intro Your company took out an amortizing loan with the following terms: B 1 Amount 8,000 2 Term (years) 30 3 Interest rate 3% Part 1 B Attempt 1/10 for 10 pts. What is the annual payment (as a positive number)? Use Excel's PMT() function. 0+ decimals Submit
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