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Tammie wants to buy a scooter that costs $3,500. Her mom will loan her the money at 5%annual interestas long asshe makes monthly payments over

Tammie wants to buy a scooter that costs $3,500. Her mom will loan her the money at 5%annual interestas long asshe makes monthly payments over the next 3 years. How much will Tammie's monthly payment be?

N

I/Y

PV

PMT

FV

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