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Lucy secured a lease on a machine by paying $1,750 as a down payment and then $200 at the beginning of every quarter for 2

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Lucy secured a lease on a machine by paying $1,750 as a down payment and then $200 at the beginning of every quarter for 2 years. Assume that the cost of financing is 6.73% compounded quarterly. a. What was the principal amount of the loan? $0.00 1 Round to the nearest cent b. What was the cost of the machine? $0.00 Round to the nearest cent c. What was the amount of interest paid over the term? $0.00 Round to the nearest cent

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