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Joe'sMachine Shop purchased a computer to use in tuning engines. Tofinance the purchase, the company borrowed $17,700 at 8% compoundedquarterly. To repay the loan, equal

Joe'sMachine Shop purchased a computer to use in tuning engines. Tofinance the purchase, the company borrowed $17,700 at 8% compoundedquarterly. To repay the loan, equal monthly payments are made o 2 answers

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