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Assume you just bought a new boat and now have a boat loan to repay. The amount of the principal is $68,000, the loan is

Assume you just bought a new boat and now have a boat loan to repay. The amount of the principal is $68,000, the loan is at 6.7596 APR, and the monthly payments are spread out over 7 years. What is the loan payment? Use a calculator to determine your answer. $809.52 $1,225.36 $1,081.01 $1,206.58

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