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Juelle would like windows replaced in her home. The window replacement store offers financing with 7.825% interest compounded monthly for six months on new purchases.
Juelle would like windows replaced in her home. The window replacement store offers financing with 7.825% interest compounded monthly for six months on new purchases. If the replacement with new windows costs Juelle $8200.00, using an amortization schedule, determine the interest amount applied to her second payment. Round solution to the nearest penny.
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