Suppose you have borrowed money at a 14.4 percent annual rate, and you make monthly payments. If

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Suppose you have borrowed money at a 14.4 percent annual rate, and you make monthly payments. If you have missed four consecutive monthly payments, how much should next month's payment be to catch up?

Posted Date: Jun 05, 2024 06:04 PM

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Suppose you have borrowed money at a 14.4 percent annual rate, and you make monthly payments. If

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