A student borrows P dollars at an annual interest rate of R%. This loan is to be repayed
Chapter 1, Problem 8(choose chapter or problem)
A student borrows P dollars at an annual interest rate of R%. This loan is to be repayed in n years in equal monthly installments of x dollars. Find x if (a) P=4250, R=3, and n=5; (b) P = 5000, R = 7, and n = 10
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