Determine the monthly payment for a sixty month truck loan

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Determine the monthly payment for a sixty-month truck loan with an annual percentage rate of 11% and an initial principal of $17,000. How much interest is paid over the life of the loan?

Reference no: EM131137495

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Determine the monthly payment for a sixty month truck loan : Determine the monthly payment for a sixty-month truck loan with an annual percentage rate of 11% and an initial principal of $17,000. How much interest is paid over the life of the loan?
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