document.write( "Question 1133910: A loan of $ 20,354 was repaid at the end of 7 months. What size repayment check (principal and interest) was written, if a 4.9 % annual rate of interest was charged?
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Algebra.Com's Answer #751181 by Boreal(15235) $\"\"$ $\"About$

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P=Po(1+(.049*7/12)), the rate was multiplied by 7/12 since not annual.
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