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A used yacht is being offered at $60,000. What would be the monthly annuity payment on a 15-year loan at a rate of 8% APR

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A used yacht is being offered at $60,000. What would be the monthly annuity payment on a 15-year loan at a rate of 8% APR compounded monthly? Enter answer in dollars, rounded to the nearest dollar. Question 7 3.33 pts The value of a coupon-paying bond will be less than it's face value if the coupon rate is the bond's yield-to-maturity. greater than less than

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