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A sailboat costs exist23, 872. You pay 10% down and amortize the rest with equal monthly payments over a 8-year period. If you must pay

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A sailboat costs exist23, 872. You pay 10% down and amortize the rest with equal monthly payments over a 8-year period. If you must pay 7.2% compounded monthly, what is your monthly payment? How much interest will you pay? Monthly payments:exist Interest:exist

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