A cellphone rental business borrows $1,500 to expand the business to a neighboring town. The owner has to make equal monthly payments for one year of $150 each. What is the total loan repayment amount?
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Home » Mathematics » A cellphone rental business borrows $1,500 to expand the business to a neighboring town. The owner has to make equal monthly payments for one year of $150 each. What is the total loan repayment amount?