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OpenStudy (anonymous):
Elliott Greed borrowed $6,000 to travel to the West Coast. His loan was to be repaid in 48 monthly installments of $145. At the end of 6 months, Elliott decided that he would pay off the loan early. Find the total payoff for Elliott.
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OpenStudy (anonymous):
do you have any formulas for these payments? do you know the interest rates?
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