What are the monthly payments

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Bill Smith is borrowing $15,000 at 10% interest for 3 years. Payments are monthly and are calculated by using the add-on method. What are the monthly payments?

Reference no: EM13270729

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What are the monthly payments : Bill Smith is borrowing $15,000 at 10% interest for 3 years. Payments are monthly and are calculated by using the add-on method. What are the monthly payments?
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