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a motorcycle is for sale for $2600. the dealer is willing to sell it on the folowing terms: No downpayment; pay $44 at the end of each of the first 4 months; pay$84 at the end of each mont after that until the loan has been paid in full. At a 15% annual interest rate compounded monthly, how may $84 payments will be required?

Econometrics, Economics

  • Category:- Econometrics
  • Reference No.:- M9676724

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