eshaesmot12345
eshaesmot12345
28.08.2021 • 
Mathematics

(Annuity number of​ periods) How long will it take to pay off a loan of ​$ 54,000 at an annual rate of 11 percent compounded monthly if you make monthly payments of ​$ 750.00? Use five decimal places for the monthly percentage rate in your calculations. The number of years it takes to pay off the loan is
nothing years.

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