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The Table Applies to a Loan with an Interest Rate

Question 209

Multiple Choice

  The table applies to a loan with an interest rate of 5 percent per period. What value goes in the cell labeled Z? A) $2,200 B) $2,315.25 C) $2,210 D) $2,205 The table applies to a loan with an interest rate of 5 percent per period. What value goes in the cell labeled Z?


A) $2,200
B) $2,315.25
C) $2,210
D) $2,205

Correct Answer:

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