3) How much interest will be paid in the 8th month if you borrow $20...
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Accounting
3) How much interest will be paid in the 8th month if you borrow $20 000 at a rate of 6% compounded monthly, and pay it off over 6 years? a) 237.30 b) 91.78 c) 339.69 d) 89.04
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