Frank took out a five-year loan of $48,000 with an anual interest rate of 5%. Calculate his monthly payment.
$1,000
$4,800
$589
$1,230
+4
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Home » Mathematics » Frank took out a five-year loan of $48,000 with an anual interest rate of 5%. Calculate his monthly payment. $1,000 $4,800 $589 $1,230