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Please show all work and all decimal places. do not round. Thanks A sailboat costs $28,446. You pay 10% down and amortize the rest with

image text in transcribedPlease show all work and all decimal places. do not round. Thanks

A sailboat costs $28,446. You pay 10% down and amortize the rest with equal monthly payments over a 11-year period. If you must pay 7.2% compounded monthly, what is your monthly payment? How much interest will you pay

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