jennypay6385 jennypay6385

25-02-2024
Mathematics

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Calculate the total payback for a $3,500 loan at 8% annual interest with monthly payments for two years. Show all of your steps. Use the formula, M = Pₘ (1 + m)ⁿᵃ / ((1 + m)ⁿᵃ - 1) as needed.

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