Question: The problem describes a debt to be amortized. (Round your answers to the nearest cent.) on the debt is 16% compounded quarterly. (a) Find the

The problem describes a debt to be amortized. (Round your answers

The problem describes a debt to be amortized. (Round your answers to the nearest cent.) on the debt is 16% compounded quarterly. (a) Find the size of each payment. $ (b) Find the total amount paid for the purchase. $ (c) Find the total interest paid over the life of the Ioan

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