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4. If Kenny takes out an monthly payments?

4. If Kenny takes out an monthly payments?

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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4. If Kenny takes out an add-on interest loan for $2500 at 6.27% for 3 years, what are his monthly payments? (a) $50.00 (b) $52.91 (c) $64.55 (d) $224.60
Transcribed Image Text:4. If Kenny takes out an add-on interest loan for $2500 at 6.27% for 3 years, what are his monthly payments? (a) $50.00 (b) $52.91 (c) $64.55 (d) $224.60
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