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Edmonton Pizza borrowed money to redesign their restaurants. Payments of $1,510 would be made at the beginning of each month for five years, starting in

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Edmonton Pizza borrowed money to redesign their restaurants. Payments of $1,510 would be made at the beginning of each month for five years, starting in nine months. Interest on the loan is 5%6% compounded quarterly. (a) How much must the company borrow teday? (b) What wal be the arnount of the total payments? (c) How much of the amount paid will be interest? a) The company must bortows todiy. (Round the final answer to the nearest cent as needed. Plound all intermediate values to sx decimal places as needed) b) The amount of the totai payments wal be (Round the final answor to the neorest cent as needed. Round at intermed ste values to six decirtal places as needed) c) The anoum of interest wit be 1 (Round the find answer to the nearest cent as needed. Round all intermed alo values to sx decimal places as needed.)

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