Mathematics, 06.12.2021 14:00 jettskii214
NEED STEP BY STEP please
1. Kristina took out a bank loan for $60,000 that must be repaid with regular monthly payments of $1100. The bank charges her an interest rate of 3.0% compounded monthly a) How many payments will Kristina have to make to pay off the loan
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b) How much interest will Kristina Pay?
Answers: 2
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NEED STEP BY STEP please
1. Kristina took out a bank loan for $60,000 that must be repaid with reg...
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