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6. Annette bought a vacation property for $22,900 down and payments of $1,225 at the end of every three months for eight years. Interest is

image text in transcribed 6. Annette bought a vacation property for $22,900 down and payments of $1,225 at the end of every three months for eight years. Interest is 5.4% compounded quarterly. (a) What was the purchase price of the property? (2 Marks)

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