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Monthly Payments Assignment | Homework For You

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June 3rd, 2020
4. A sailboat costs $21,144. You pay 10% down and amortize the rest with equal monthly payments over a 8-year period. If you must pay 7.2% compounded monthly, what is your monthly payment? How much interest will you pay? Monthly payments: $ (Round to two decimal places.) Interest: $ (Round to two decimal places.)Get Finance homework help todayHomework For You

 

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