Melvin took out a loan at a 5.6% apr, compounded monthly, to buy a clothes dryer, and he is making monthly payments to pay off the loan which of these interest rates would have allowed melvin to pay off the loan faster
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Home » Mathematics » Melvin took out a loan at a 5.6% apr, compounded monthly, to buy a clothes dryer, and he is making monthly payments to pay off the loan which of these interest rates would have allowed melvin to pay off the loan faster