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A loan of $14,000 with interest at 11% compounded quarterly is repaid by payments of $933 made at the end of every month. Determine: a)

A loan of $14,000 with interest at 11% compounded quarterly is repaid by payments of $933 made at the end of every month. Determine:

a) The number of payments to amortize the loan. (Round answer up to the nearest whole number) b) The payout figure (outstanding principal after the regular payments) $ c) The total cost of the loan $

(Round the final answers to the nearest cent as needed).

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