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1. Kofi want to buy a new Ducati Monster 696 for $78,000. The contract is in the form of a 60-month annuity due at a

1. Kofi want to buy a new Ducati Monster 696 for $78,000. The contract is in the form of a 60-month annuity due at a 7.25% APR. What will be his monthly payment? Assume that the APR is compounded mont...

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