Question: Nancy Takes Out A 33-year Loan Of $750,000 Today. The Bank Charges Interest At 4.2% P.a. Compounded Monthly. Nancy Makes Equal Month-end Payments Starting In One Month’s Time. Calculate How Much Nancy Should Repay Each Month. Round Your Answer To The Nearest Cent. Do Not Include $. Do Not Use Comma Separators. For Example, 1234.56 Would Be The Correct …

Question: Nancy Takes Out A 33-year Loan Of $750,000 Today. The Bank Charges Interest At 4.2% P.a. Compounded Monthly. Nancy Makes Equal Month-end Payments Starting In One Month’s Time. Calculate How Much Nancy Should Repay Each Month. Round Your Answer To The Nearest Cent. Do Not Include $. Do Not Use Comma Separators. For Example, 1234.56 Would Be The Correct …

Nancy takes out a 33-year loan of $750,000 today. The bank charges interest at 4.2% p.a. compounded monthly. Nancy makes equa

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Nancy takes out a 33-year loan of $750,000 today. The bank charges interest at 4.2% p.a. compounded monthly. Nancy makes equal month-end payments starting in one month’s time. Calculate how much Nancy should repay each month. Round your answer to the nearest cent. Do not include $. Do not use comma separators. For example, 1234.56 would be the correct format. The monthly repayment is $