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What is the new monthly? payment

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Sandy takes out a loan of? $22,000 at j12=9%?,repaid over 5 years with monthly payments. After 24? payments, the outstanding balance on the loan is? $14,361.35. Just after the 24th ?payment, Sandy makes a lump sum payment of? $3000 and refinances the loan with monthly payments for two more years at the same interest rate. What is the new monthly? payment?

Reference no: EM133069450

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