It plans to repay the loan in seven equal installments
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 amp grill has a seven-year loan of 28400 with bank of america it plans to repay the loan in seven
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