sunnyd4054 sunnyd4054

13-03-2024
Mathematics

contestada

Hardeep makes payments of $250 on a loan. The payments will be made at the beginning of each month starting immediately for 3 years. Find the present value of the loan if the money earns interest at 12% compounded monthly?
Options:
A. $12,543
B. $6,082
C. $13,654
D. $10,874

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