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  3. eric borrows $17500 to purchase a used truck. he i

Eric borrows $17500 to purchase a used truck. He is able to secures a loran...

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Accounting

Eric borrows $17500 to purchase a used truck. He is able to secures a loran for 7 years at 4.9% interest compounded monthly, which makes his payment's $246.52. After 7 years off making payments how much would eric still owe ? round to the nearest dollar

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