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Vinny borrowed $20,000 for 10 years at 5.3 percent compounded monthly. What is Vinny's monthly payment? $2,627.96 $215.08 O $1,062.16 O $166.67

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Vinny borrowed $20,000 for 10 years at 5.3 percent compounded monthly. What is Vinny's monthly payment? $2,627.96 $215.08 O $1,062.16 O $166.67

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