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Dmitrij [34]
3 years ago
8

Borrowing a $15,000 Loan in 5 years with an interest rate of 4.49% how much will I pay monthly

Business
2 answers:
omeli [17]3 years ago
3 0
You will pay $282 monthly I believe.

Pavel [41]3 years ago
3 0
PMT = 15000 divided by  \frac{1-(1+ \frac{0.0449}{12months})^{-12*5}  }{ \frac{0.0449}{12} } 

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