A $26,000 loan borrowed 5 years ago, has been scheduled for re-pay starting today. The payment...

A $26,000 loan borrowed 5 years ago, has been scheduled for re-pay starting today. The payment schedule is equal monthly payments made at the end of every month for the next 10 years. Find the size of the payments if interest is 3.6% p.a. compounding monthly.

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jeff jeffy answered 2 years ago

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