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Falco Inc. financed the purchase of a machine with a loan at 4.37% compounded monthly. This loan will be settled by making payments of $7,300

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Falco Inc. financed the purchase of a machine with a loan at 4.37% compounded monthly. This loan will be settled by making payments of $7,300 at the end of every month for 9 years. a. What was the principal balance of the loan? $0.00 Round to the nearest cent T a. What was $0.00 Round to the nearest cent b. What was the total amount of interest charged? $0.00 Round to the nearest cent E SAVE PROGRESS

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