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Mathematics, 26.01.2020 02:31 jenn8055
Lulu took out a 3-year loan for $1800 at an electronics store to be paid back with monthly payments at a 15.6% apr, compounded monthly. if the loan offers no payments for the first 8 months, how much will lulu owe when she begins making payments?
a. $2865.58
b. $2584.26
c. $1800.00
d. $1995.94
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