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6 Question 11 (1 point) A $25.000 boat is purchased with a down payment of $5,000 and 36 equal end-of-month payments. The interest rate charged

6 Question 11 (1 point) A $25.000 boat is purchased with a down payment of $5,000 and 36 equal end-of-month payments. The interest rate charged is 11.56% compounded monthly. What is the amount of each end of month payment? 9

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