Mathematics, 12.06.2021 14:00 jamiehorton2000

7) Kirk borrows $26,000 in order to buy a car. The loan charges a nominal 3% interest compounded monthly. Kirk makes payments of $200 per month at the end of each month. Calculate how much Kirk still owes on this
loan after paying it off for two months. Round to the nearest hundredth.

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7) Kirk borrows $26,000 in order to buy a car. The loan charges a nominal 3% interest compounded mon...