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A sailboat costs $18,001 You pay 5 down and amortize the rest with equal monthly payments over a year period. If you must pay 6

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A sailboat costs $18,001 You pay 5 down and amortize the rest with equal monthly payments over a year period. If you must pay 6 6 compounded monthly, what is your monthly payment How much erst will you pay? Monthly payments (Round to two decimal places) Interest (Round to two decimal places)

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