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Question 10

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Solve the problem. Solve the problem. -The monthly payments on a $54,000 loan at interest for 20 years is $402.84. How much of the first monthly payment will go toward interest? A) $26.18 B) $351.00 C) $292.50 D) $376.66
-The monthly payments on a $54,000 loan at Solve the problem. -The monthly payments on a $54,000 loan at interest for 20 years is $402.84. How much of the first monthly payment will go toward interest? A) $26.18 B) $351.00 C) $292.50 D) $376.66 interest for 20 years is $402.84. How much of the first monthly payment will go toward interest?


A) $26.18
B) $351.00
C) $292.50
D) $376.66

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