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Question 10 (1 point) You have borrowed $20,000 at 0.50% interest per month. The loan requires equal installments to be paid at the end of
Question 10 (1 point) You have borrowed $20,000 at 0.50% interest per month. The loan requires equal installments to be paid at the end of each month over a period of five years. What is the amount of each monthly installment? $390.50 $413.59 $398.20 $386.66 $444.37
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