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Posted on Aug 01, 2024

Use the formula for the future value of an ordinary annuity to calculate A with the monthly payment R = $ 7 5 0 ,

Use the formula for the future value of an ordinary annuity to calculate A with the monthly payment R

=

750,

the annual interest rate r

= 7.5 %,

and the number of monthly payments n

= 24 .

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