show that the payment required to repay a loan of $150000 in 360 months at 5% interest is $805.23

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nzoretenl2014@ubgznv

Mathematics

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show that the payment required to repay a loan of $150000 in 360 months at 5% interest is $805.23 using the equation A=P(r/12)/1-(1+r/12)-n

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