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Kevin buys a motorcycle for $8000. The dealer is charging him an annual interest rate of 9.75%. If he pays off the loan in 108

Kevin buys a motorcycle for $8000. The dealer is charging him an annual interest rate of 9.75%. If he pays off the loan in 108 months, what are his monthly payments? If he makes a down payment of $2700, how much will his monthly payments be?

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