Mathematics, 20.07.2019 04:30 dpazmembreno

Karen is considering taking out a 20-year loan with monthly payments of $260 at an apr of 5.5%, compounded monthly, and this equates to a loan of $37,796.89. assuming that the apr and the length of the loan remain fixed, which of these is a correct statement?

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Karen is considering taking out a 20-year loan with monthly payments of $260 at an apr of 5.5%, comp...