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20 August, 19:30

The formula m = 12,000 + 12,000rt 12t gives Keri's monthly loan payment, where r is the annual interest rate and t is the length of the loan, in years. What is Keri's monthly loan payment if she gets a 5% loan for 4 years? $ per month

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  1. 20 August, 19:43
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    The answer of per month for 4 years is 300.

    The answer of per month for 5 years is 50 less per month
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