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Default What is the formula payment for $48,800 for 30 years at 8% Interes

Please some give me the formular

48,400
8 %
30 years
=SUM(48,800*8/12) ??? The payment is 358.08 but how can figure it I need
the correct formula to get the monthly payment? I have a computer class

THIS IS URGENT!!!!!!!!!!!!!!!!!!
 
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