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Question 6 of 9 A lease of $9,200 had to be repaid with payments of $375 at the beginning of every quarter. The interest rate
Question 6 of 9 A lease of $9,200 had to be repaid with payments of $375 at the beginning of every quarter. The interest rate charged was 5.50% compounded quarterly. a. How many payments are required to repay the debt? It will take o payments. Question 6 of 9 required to repay the debt! It will take o payments. Rounded up to the next payment b. What is the size of the final payment? $0.00 Round to the nearest cent
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