Destinymiles028 Destinymiles028
  • 15-12-2022
  • Mathematics
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You take out a loan to finance the purchase of a $10,000 vehicle. The annual interest rate Is 3.2%, and you plan to repay
the loan in eighteen payments. Use amortization formula to compute the amount you should send to the financial
Institution each time you make a payment.
$458.04
$471.81
$569.74
$739.44

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