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Fritz Benjamin buys a car costing $ 1 2 0 0 0 . He agrees to make payments at the end of each monthly period
Fritz Benjamin buys a car costing $ He agrees to make payments at
the end of each monthly period for years. He pays interest,
compounded monthly. What is the amount of each payment? Find the total
amount of interest Fritz will pay.
Fritz's monthly payment is $
Round to the nearest cent.
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