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Angela's bank gave her a 4-year add-on interest loan for $6,840 to pay for new equipment for her antiques restoration business. The annual interest rate
Angela's bank gave her a 4-year add-on interest loan for $6,840 to pay for new equipment for her antiques restoration business. The annual interest rate is 9.73%. How much interest will shepay? What are her monthlypayments?
She will pay $ in interest on the loan.
(Round to the nearestcent.)
Her monthly payments are $
.
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