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Your company wishes to borrow 421 k$ (in thousands of dollars) to launch a new product line. The offered annual interest is 12% with monthly

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Your company wishes to borrow 421 k$ (in thousands of dollars) to launch a new product line. The offered annual interest is 12% with monthly payments over 20- years total to pay off the loan. What is the monthly payment amount rounded to the nearest dollars ($)? A = $

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