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Sarah buys a new dining room table for $12,000. Sarah puts a 5% down payment on the furniture. She finances the rest through her bank

Sarah buys a new dining room table for $12,000. Sarah puts a 5% down payment on the furniture. She finances the rest through her bank with a loan at 6% compounded monthly.

What is the size of her down payment?

[x]

What is her monthly payment if she will pay this loan off in 18 months?

[y]

How much interest does she pay on this loan?

[z]

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