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7. A 1997 Rolls Royce MPW sells for $211,100. You are prepared to purchase the car with a 10% down payment and a 7-year loan

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7. A 1997 Rolls Royce MPW sells for $211,100. You are prepared to purchase the car with a 10% down payment and a 7-year loan at 8.2% compounded monthly with monthly payments. a. How much money was financed? b. What are the monthly payments? c. What are the total payments over the life of the loan? d. How much interest is paid over the life of the loan? e. What was the total cost of the car

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