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Ken just purchased new furniture for his house at a cost of $16,200. The loan calls for weekly payments for the next 5 years at
Ken just purchased new furniture for his house at a cost of $16,200. The loan calls for weekly payments for the next 5 years at an annual interest rate of 10.87 percent. How much are his weekly payments?
A: $62.31
B; $84.02
C; $83.52
D; $80.83
E; $84.87
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