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please explain steps or show work for answer so I can walk myself through it on other questions. Thank you. Ken just purchased new furniture

please explain steps or show work for answer so I can walk myself through it on other questions. Thank you. image text in transcribed

Ken just purchased new furniture for his house at a cost of $16,600. The loan calls for weekly payments for the next 5 years at an annual interest rate of 11.11 percent. How much are his weekly payments? Multiple Choice $63.85 $86.06 $87.44 O $83.28

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