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Posted on Sep 20, 2024

What monthly payment for 1 8 years will pay off a $ 5 1 , 0 0 0 loan at 8 . 3 % compounded

What monthly payment for

18

years will pay off a $

51, 000

loan at

8.3 %

compounded monthly?

(

Do not round intermediate calculations and round your final answer to

2

decimal places.

)

PMT $

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