You also have agreed to begin repaying the debt on december, Operation Management

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You also have agreed to begin repaying the debt on december

On march 1 of this year you borrowed $ 75 000 toward materials fro a product you hope to have on the market in November of this year. You have agreed upon an annual interest rate of 8.2% compounded monthly. You also have agreed to begin repaying the debt on December 1 next year. What are your monthly payments?

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Operation Management: You also have agreed to begin repaying the debt on december

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