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You want to borrow $12,000. If you will make monthly payments over the next 5 years, and the annual interest rate (compounded monthly) is 9%,
You want to borrow $12,000. If you will make monthly payments over the next 5 years, and the annual interest rate (compounded monthly) is 9%, how much will your payments be? Group of answer choices $249.10 $238.05 $203.67 $261.9
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