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if you borrow $20,000 and pay it offin 7 years with monthly compounding at 3% annual interest, thepayment will be $264.27 per month.
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Who can help me to solve it byMatlab?
if you borrow $20,000 and pay it offin 7 years with monthly compounding at 3% annual interest, thepayment will be $264.27 per month.
An answer will be send to you shortly. . . . .