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Mathematics, 30.04.2021 02:30 jerrygentry3411

Michelle borrows $10,000 to buy a new car. The annual interest rate is 11% compounded monthly with equal monthly payments for 3 years. How much does Michelle pay each month? What is the total cost of the car and how much interest did she pay?

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Michelle borrows $10,000 to buy a new car. The annual interest rate is 11% compounded monthly with e...
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