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The following loan is a simple interest amortized loan with monthly payments. (Round your answers to the nearest cent.) $6000, 8 1/2, 4 years (a)
The following loan is a simple interest amortized loan with monthly payments. (Round your answers to the nearest cent.)
$6000, 8 1/2, 4 years
(a) Find the monthly payment.
(b) Find the total interest.
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