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Monthly payment AND total payment please will leave thumbs up!! Fritz Benjamin buys a cat costing $7400. He agrees to make payments at the end

Monthly payment AND total payment please
will leave thumbs up!!
image text in transcribed
Fritz Benjamin buys a cat costing $7400. He agrees to make payments at the end of each monthly period for years. Ho pays 60% Interest, compounded monthly (a) What is the amount of each payment? (b) Find the total amount of Interest Fritz will pay (a) Fritz's monthly payment is $ (Round to the nearest cent as needed)

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