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A loan of $ 17 comma 823$17,823 was repaid at the end of 16 months. What...

A loan of $ 17 comma 823$17,823 was repaid at the end of 16 months. What size repayment check​ (principal and​ interest) was​ written, if a 6.6 %6.6% annual rate of interest was​ charged?

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Answer #1

Please refer to below spreadsheet for calculation and answer. Cell reference also provided.

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