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Joan borrowed $6000 from her trust company at 9% compounded monthly. She was to repay the loan with monthly payments over five years. Joan's cost

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Joan borrowed $6000 from her trust company at 9% compounded monthly. She was to repay the loan with monthly payments over five years. Joan's cost of financing is $ Robin's loan of $5000 must be repaid with monthly payments over two years, at 8% compounded monthly. Total amortized amount is $

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