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Ned Flanders bought a used car priced at $10.600 for 10% down and the balance in equal monthly payments over four years at 7.2% compounded

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Ned Flanders bought a used car priced at $10.600 for 10% down and the balance in equal monthly payments over four years at 7.2% compounded monthly. a. How much does she have to pay at the beginning of each month? b. What is the total cost of financing for the vehicle? (In other words, how much interest is paid?)

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