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undefined How many month-end payments of $325 are required to repay a debt of $5000 if the first payment is deferred for six months? Interest

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How many month-end payments of $325 are required to repay a debt of $5000 if the first payment is deferred for six months? Interest on the loan is 8% compounded monthly. Select one: a. 17 b. 12. c. 21 d. 15

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