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Posted on Aug 01, 2024

You take out a loan for $ 7 5 , 0 0 0 for 1 2 years at 6 % monthly. What is the payment?

You take out a loan for $

75, 000

for

12

years at

6 %

monthly. What is the payment? How much interest is paid for the entire loan? If you pay an extra $

100

per month, how many ppayments will it take to pay off the loan?

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