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Find the Payment Necessary to Amortize the Loan Using the Amortization

question 110

Multiple Choice

Find the payment necessary to amortize the loan using the amortization table. Round to the nearest cent. Find the payment necessary to amortize the loan using the amortization table. Round to the nearest cent.   -$6,500, 12% compounded monthly, 33 monthly payments A) $226.46 B) $37.79 C) $232.25 D) $238.36
-$6,500, 12% compounded monthly, 33 monthly payments


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