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Question 4 5 pts You are buying a boat that costs $50,000. You will make monthly payments for the next 5 years. Payments will be

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Question 4 5 pts You are buying a boat that costs $50,000. You will make monthly payments for the next 5 years. Payments will be made at the end of each month. Interest rate is 8%. How much will be each payment assuming you will pay-off the entire boat at the end? O $1,050.41 O $1,007.11 O $1,022.92 $1,013.82

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