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a sailboat costs $29,859. You pay 20% down and amortize the rest with equal monthly payments over a 14-year period. If you must pay 6.6%

a sailboat costs $29,859. You pay 20% down and amortize the rest with equal monthly payments over a 14-year period. If you must pay 6.6% compounded monthly, what is your monthly payment? how much interest will you pay?

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