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OpenStudy (anonymous):
You take out an installment loan of $2700.00 for 30 months at 8 %. The title of a monthly payment table is “Monthly Payment on a Simple Interest Installment Loan of $100” If you use 30 months and 8% interest, you get the figure $3.69 in this table. Calculate the monthly payment.
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OpenStudy (anonymous):
Do you have the table for us?
OpenStudy (anonymous):
no
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