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help asappp Fritz Benjamin buys a car costing $22,300. He agrees to make payments at the (a) Fritz's monthly payment is $ end of each
help asappp
Fritz Benjamin buys a car costing $22,300. He agrees to make payments at the (a) Fritz's monthly payment is $ end of each monthly period for 8 years. He pays 6.0% interest, compounded (Round to the nearest cent as needed.) monthly. (a) What is the amount of each payment? (b) Fritz will pay a total of $ in interest. (b) Find the total amount of interest Fritz will pay. (Round to the nearest cent as needed.)Step by Step Solution
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