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you take out a loan for $20,000 at 6% interest and pay it back in equal monthly installments over five years, then your payments are

you take out a loan for $20,000 at 6% interest and pay it back in equal monthly installments over five years, then your payments are given by A ( ) PMT= 2-(2 + (51)-nt where A = - r= , n= (Don't work this out, Just fill in.) ., and + =
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installments out a loan for $20,000 at 6% interest and pay it back in equal monthly installments over five years, then your payments are given by where PMT=1(1+(nr))ntA(nr) A=,r=,andt= (Don't work this out, Just fill in)

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