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Luisa borrowed to buy a piano, paying $ 1 3 1 at the end of each month for 4 years. The bank charges interest on

Luisa borrowed to buy a piano, paying $131 at the end of each month for 4 years. The bank charges interest on the loan at 7.83% compounded monthly.
(a) What was the cash price of the piano?
(b) How much is the cost of financing?
(a) The cash price of the piano is $
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
(b) The cost of financing is $
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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