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5 points Save Answer How much is your loan amount today if you are going to repay using 63 equal monthly payments of $339 wit
5 points How much is your loan amount today if you are going to repay using 63 equal monthly payments of $339 with annual int
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Answer #1

Loan amount today =Present value of monthly payments = pv = PMT*(1-(1/(1+r^n)}/ $18,513.55 339*(1-(1/(1.004583463)))/0.004583

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