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Fritz Benjamin buyn a car costing $20000. He agrees to make payments at the end of each monthly period for 8 years He pays 10.8%
Fritz Benjamin buyn a car costing $20000. He agrees to make payments at the end of each monthly period for 8 years He pays 10.8% Interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay Frite's monthly payment is (Round to the nearest cont.)
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