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Mathematics, 05.10.2021 20:40 Cmpine

A sailboat costs $27,618. You pay 5% down and amortize the rest with equal monthly payments over a 10-year period. If you must pay 7.5% compounded monthly, what is your monthly payment? How much interest will you pay?

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A sailboat costs $27,618. You pay 5% down and amortize the rest with equal monthly payments over a 1...
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