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| rev | Admin | (Created page with "A loan of $30,000 is to be repaid by a level annuity payable monthly at the end of each month for 25 years, and calculated on the basis of an nominal interest rate of 12% per year, compounded monthly. Calculate the monthly repayments. <ul class="mw-excansopts"> <li>313</li> <li>316</li> <li>360</li> <li>404</li> <li>420</li> </ul> '''References''' {{cite web |url=https://web2.uwindsor.ca/math/hlynka/392oldtests.html |last=Hlynka |first=Myron |website=web2.uwindsor.c...") | Nov 26'23 at 23:58 | +578 |