SOLUTION: Compute the monthly payments for an add-on interest loan of $1,200, with an annual interest rate of 9 percent and a term of 2 years. Round to the nearest cent as needed.
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Question 661524: Compute the monthly payments for an add-on interest loan of $1,200, with an annual interest rate of 9 percent and a term of 2 years. Round to the nearest cent as needed.
Answer by lynnlo(4176) (Show Source): You can put this solution on YOUR website!
$609.00
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