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Mathematics, 21.05.2020 21:58 makayladurham19

Mitchell took out a loan for $1100 at a 19.2% APR, compounded monthly, to
buy a scanner. If he will make monthly payments of $71.50 to pay off the
loan, how many total payments will he have to make?

A. 16

B. 19

C. 18

D. 17

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Answers: 3

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Mitchell took out a loan for $1100 at a 19.2% APR, compounded monthly, to
buy a scanner. If he...
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