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finance charges

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Use a calculator to evaluate an ordinary annuity formula for m, r, and t (respectively). Assume monthly payments.
$150; 8%; 35 yr

  • finance charges - ,

    very vague question the way it is presented

    m, r, and t are not defined
    Do you want Present Value or Future amount

    the formulas should be in your text or are easily looked up.

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