The Elkridge Bar & Grill has a seven-year loan of $28,400 with Bank of America. It plans to repay the loan in seven equal installments starting today. If the rate of interest is 9.95 percent, how much will each payment be?
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The Elkridge Bar & Grill has a seven-year loan of $28,400 with Bank of America. It plans to repay the loan in seven equal installments starting today. If the rate of interest is 9.95 percent, how much will each payment be?
3 Simple steps to get your paper done |
||
Step 1 |
Step 2 |
Step 3 |
| Place Order | Down to work | Paper is Ready! |
|
Takes just a few minutes! |
Best writer takes the order |
Access via your account |