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Question 8 Courtney took a $81,000 loan at 3.85% compounded monthly and decided to make end of month payments of $2,431. 1) How many payments
Question 8 Courtney took a $81,000 loan at 3.85% compounded monthly and decided to make end of month payments of $2,431. 1) How many payments will Courtney have to make to amortize this loan? (rounded to the next higher whole number) 2) What will the size of her final payment be? $ (enter a positive value)
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