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A loan of $15,000 with interest at 9% compounded annually is repaid by payments of $971.00 made at the end of every month. (a) How

A loan of $15,000 with interest at 9% compounded annually is repaid by payments of $971.00 made at the end of every month. (a) How many payments will be required to amortize the loan? (b) If the loan is repaid in full in 1 year, what is the payout figure? (c) If paid out, what is the total cost of the loan

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