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MATH SOLVE
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Devin took out a 25-year loan for $70,000 at 8.7% interest, compounded monthly. What is his monthly...
4 months ago
Q:
Devin took out a 25-year loan for $70,000 at 8.7% interest, compounded monthly. What is his monthly payment?A)$548.19B)$573.12C)$616.37D)$533.16
Accepted Solution
A:
The answer of this problem is :
B