Mathematics, 14.01.2021 06:10 priarm8799
Calculate the monthly payments necessary to retire the loan amount if simple interest is charged on
the note.
Loan Amount = $3,000, rate = 8%, time = 2 years.
O $145.00 / mo
O $150.75 / mo
0 $1,740.00 / mo
O $153.00 / mo
O $20.00 / mo
Answers: 3
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