You have just entered college and have decided to pay for your living expenses using a...

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Due after 45 months Px(1+r)n-1]Hr Here, 4 5 AInterest rate per annum 6| B|Number of years 12.(X)% 3.75 12 1..(X)% 45 1,000 =45/12 8 A-C| Interest rate per period ( r) 9 BxC Number of periods (n) 12 Due after 45 months 56,481.07 13 1000x(( 1+196745-1)+1%

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