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A few years ago, your consulting firm purchased a G650 jet for $64,420,000 with a 10 year loan with monthly payments charging %7.2 interest. A

A few years ago, your consulting firm purchased a G650 jet for $64,420,000 with a 10 year loan with monthly payments charging %7.2 interest. A new consulting contract with Jeff Bezos has led to a windfall of cash and youve decided to pay off the plane immediately after having made 32 payments. Find the monthly payment and the balance owed after making 32 payments.

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