Mathematics, 13.04.2020 22:54, justicejesusfreak

Lily is considering taking out a 6-year loan with monthly payments of $225 at an APR of 1.7% , compounded monthly, and this equates to a loan of $15,390.84. Assuming that Lily's monthly payment and the APR of the loan remain fixed , which of these is a correct statement ?

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Lily is considering taking out a 6-year loan with monthly payments of $225 at an APR of 1.7% , compo...