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Mathematics, 24.06.2021 05:10 ladybug3334

You take out an installment loan of $2700.00 for 30 months at 16 %. The title of a monthly payment table is
"Monthly Payment on a Simple Interest Installment Loan of $100"
This table gives you the figure $4.07.
Calculate the monthly payment.

A $108.89
B $109.89
C $110.89
D $111.89

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You take out an installment loan of $2700.00 for 30 months at 16 %. The title of a monthly payment...
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