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The bank agrees to give you a loan of $3,000 with 2% simple interest over 1 year. How much will your monthly payments be?
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The bank agrees to give you a loan of $3,000 with 2% simple interest over 1 year. How much will your monthly payments be?

User Kaustubh Bhagwat
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1 Answer

1 vote

Use the formula fro monthly payments


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User Kingaj
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