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22 November, 20:02

Trey is taking a loan for $85,000. It is a 20-year loan with an APR of 5.85%. What will his monthly payment be?

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  1. 22 November, 20:06
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    85,000: ((1 - (1+0.0585:12) ^ (-12*20)) : (0.0585:12)) = 601.63
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