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3 years ago

15

Which of these expressions can be hard to calculate the monthly payment for a 20 year loan for $170000 at 12.6% interest compoun

ded monthly?

1 answer:

tino4ka555 [31]3 years ago

4 0

Answer: $\frac{170000*0.0105(1+0.0105)^2^4^0}{(1+0.0105)^2^4^0-1}$

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