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Brian borrowed money from an online lending company to buy a motorcycle. He took out a personal, amortized loan for $17,000, at an interest
Brian borrowed money from an online lending company to buy a motorcycle. He took out a personal, amortized loan for $17,000, at an interest rate of 5.7%, with monthly payments for a term of 4 years. For each part, do not round any intermediate computations and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas. (a) Find Brian's monthly payment. $ (b) If Brian pays the monthly payment each month for the full term, find his total amount to repay the loan. $ (c) If Brian pays the monthly payment each month for the full term, find the total amount of interest he will pay. X $
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