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Question 3 of 5 A lease of $8,700 had to be repaid with payments of $350 at the beginning of every month. The interest rate

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Question 3 of 5 A lease of $8,700 had to be repaid with payments of $350 at the beginning of every month. The interest rate charged was 5.00% compounded monthly. a. How many payments are required to repay the debt? It will take payments. Rounded up to the next payment b. What is the size of the final payment? Question 3 of 5 a. How many payments are required to repay the debt? It will take payments. Rounded up to the next payment b. What is the size of the final payment? Round to the nearest cent

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