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10 Page 4 of 10 Question 4 (1 point) A home improvement loan is to be repaid by equal monthly payments for six years. The

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10 Page 4 of 10 Question 4 (1 point) A home improvement loan is to be repaid by equal monthly payments for six years. The interest rate is 5.4% compounded monthly and the amount borrowed is $33,500. How much interest will be included in the first payment? Question 4 of 10 | Page 4 of 10 Question 4 (1 point) A home improvement loan is to be repaid by equal monthly payments for six years. The interest rate is 5.4% compounded monthly and the amount borrowed is $33,500. How much interest will be included in the first payment

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