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Joe borrowed $8434.00 to buy a car. If interest was charged on the loan at 8.37% p.a., how much interest would Joe have to pay
Joe borrowed $8434.00 to buy a car. If interest was charged on the loan at 8.37% p.a., how much interest would Joe have to pay in 240 days? The interest charged would be s (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Krista borrowed $15,021. The loan is to be repaid by three equal payments due in 92, 135, and 290 days from now respectively. Determine the size of the equal payments at an interest rate of 4% with a focal date of today. The size of the equal payments is SI (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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