Taylor will make payments of $150 at the end of every month to settle a loan of $1,300 at 5.10% compounded semi-annually that he received to purchase a television. a. How many deposits will he have to...


Taylor will make payments of $150 at the end of every month to settle a loan of $1,300 at 5.10% compounded semi-annually that he received to purchase a television.


a. How many deposits will he have to make?


b. How long will he have to make these payments?


Jun 10, 2022
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