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looking for c) the intrest rate is 9% Step 1: Enter the information into the TVM solver before solving for the desired value. Step 2:
looking for c) the intrest rate is 9%
Step 1: Enter the information into the TVM solver before solving for the desired value. Step 2: Sealy must make monthly payments of $2,737.10 b) Calculate the total amount needed to repay the loan. 16,0002,737.10=$13,262.90 c) Calculate the total amount of interest paid on the loanStep by Step Solution
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