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April 20, 2014

Homework Help: math

Posted by justien on Tuesday, January 29, 2013 at 8:48am.

mr. greatest bought an aotomobile for $250,000and paid a 20% down payment .it the rate of interest is 6.5% per year, and he agrees to pay the balance in 20 equal monthly installments,what is the amount of each installment?

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