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write clearly please or use keyboard to write. Caleb received a loan of $8,300 at 5.75% compounded monthly. She settled the loan by making periodic
write clearly please or use keyboard to write.
Caleb received a loan of $8,300 at 5.75% compounded monthly. She settled the loan by making periodic payments at the end of every three months for 5 years, with the first payment made 2 years and 3 months from now. What was the size of the periodic payments? $ Round to the nearest centStep by Step Solution
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