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The bank agrees to give you a loan of $45,000 with 2% simple interest over 5 years. How much will your monthly payments be?

The bank agrees to give you a loan of $45,000 with 2% simple interest over 5 years. How much will your monthly payments be?
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The bank agrees to give you a loan of $45,000 with 2% simple interest over 5 years. How much will your monthly payments be?

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User Xorsat
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8.4k points

1 Answer

0 votes

Answer: so if 45,000 is 45 % then it would be 10,000

Explanation:

answered
User Ramppy Dumppy
by
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