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01-05-2020
Mathematics

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What is the monthly payment for a $14000 loan for 7 years with an annual interest rate of 3.3%?

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01-05-2020

Answer:

17,234

Step-by-step explanation:

3.3% times 7 years is 23.1%

23.1% times 14000 is 3,234 (this is the translation of interest)

14,000 + 3,234 is 17,234

(idk if this is it for sure but it's been a while)

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