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(1 point) William borrows 32800 dollars, to be repaid with 26 equal payments. William will make a payment every 2 months, the first coming 7

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(1 point) William borrows 32800 dollars, to be repaid with 26 equal payments. William will make a payment every 2 months, the first coming 7 months from now. If the rate of interest is 9.2 percent convertible monthly, what is the amount of each of William's payments? Answer 1613.10 dollars

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