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Q3) An engineer plans to borrow $3000 from his company credit union, to be repaid in 24 equal monthly installments. The credit union charges interest

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Q3) An engineer plans to borrow $3000 from his company credit union, to be repaid in 24 equal monthly installments. The credit union charges interest at the rate of 190 per month on the unpaid balance. How much money must the engineer repay each month

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