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What is the amount of each payment

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Reference no: EM132390635

You borrow 12600 for a car. Loan calls for monthly payments for five years at an interest rate of 4.65%, compounded monthly. What is the amount of each payment?

Reference no: EM132390635

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What is the amount of each payment : You borrow 12600 for a car. Loan calls for monthly payments for five years at an interest rate of 4.65%, compounded monthly. What is the amount of each payment?
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