Please make it very clear on how the get the answer. Should bethe answer in () Ex1: Borrow $20,000 a

/in /by

Please make it very clear on how the get the answer. Should bethe answer in () Ex1: Borrow $20,000 at 6% to be paid back in equal monthlyinstallments over 10 years. How much are the payments?($222.04) Ex 2: What is the balance remaining after 5 years?($11,485.20). . . .

 

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