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need #9 Pablo Picasso obtained a loan of $2,400 to installa new roof on his home. The interest rate is 12% and the monthly payment

need #9

Pablo Picasso obtained a loan of $2,400 to installa new roof on his home. The interest rate is 12% and the monthly payment is $113.04. What is the interest on the first monthly payment? 9 (A) $24.00 (B) $25.04 (C) $29.90 (D) $32.01 ium for $9762. He

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