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4. Aidan plans to borrow $25 000 at 3.75% per year, compounded monthly. a) Determine the number of months required to repay the loan for

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4. Aidan plans to borrow $25 000 at 3.75% per year, compounded monthly. a) Determine the number of months required to repay the loan for each monthly payment amount. i) $500 ii) $550 b) Calculate the total interest paid for each monthly payment amount

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