Mike borrowed 20000 from a credit union to buy a car at 85


Mike borrowed $20,000 from a credit union to buy a car at 8.5% interest per year compounded monthly for 60 months. The monthly payment for Mike is equal to _______________?

$626

$333

$410

$520

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Business Economics: Mike borrowed 20000 from a credit union to buy a car at 85
Reference No:- TGS01098344

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