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A lease of $7,800 had to be repaid with payments of $350 at the beginning of every month. The interest rate charged was 9.50% compounded
A lease of $7,800 had to be repaid with payments of $350 at the beginning of every month. The interest rate charged was 9.50% compounded monthly. a. How many payments are required to repay the debt? It will take 0 payments. Rounded up to the next payment b. What is the size of the final payment? $0.00 Round to the nearest cent
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