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You borrow $ 2 2 , 0 0 0 to buy a boat. The loan is to be paid off in monthly installments over one
You borrow $ 2 2 , 0 0 0 to buy a boat. The loan is to be paid off in monthly installments over one year at 24 % interest annually. The first payment is due one month from today. What is the amount of each monthly payment
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Steinbart Romney B.
9th International Edition
0470409460, 978-0470409466
