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A property was purchased for $7560.00 down and payments of $1525 at the end of every 6 months for 3 years. interest is 4% per

A property was purchased for $7560.00 down and payments of $1525 at the end of every 6 months for 3 years. interest is 4% per annum comounded annually. what was the purchase price of the property? how much is the cost of financing?

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