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Mathematics, 22.10.2019 04:00 sean7224

67. fran wants to purchase a new boat. she starts looking for a boat around $6,000. fran creates a budget and thinks that she can afford $250 every month for 2 years. her bank charges her 5% interest per year, compounded monthly.
1. what is the actual monthly payment for fran’s loan?

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67. fran wants to purchase a new boat. she starts looking for a boat around $6,000. fran creates a b...
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