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Luisa borrowed to buy a piano, paying $ 1 3 0 at the end of each month for 5 years. The bank charges interest on

Luisa borrowed to buy a piano, paying $130 at the end of each month for 5 years. The bank charges interest on the loan at 8.51% compounded monthly.
(a) What was the cash price of the piano?
(b) How much is the cost of financing?

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