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02-06-2023
Business

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Please explain how to solve b part of this question
with the help of BA II Plus Calculator.
Thanks.
A lease of \( \$ 8,500 \) had to be repaid with payments of \( \$ 400 \) at the beginning of every month. The interest rate charged was \( 8.50 \% \) compounded monthly. a. How many payments are requi

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