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To help pay for culinary school, Aldo borrowed money from a bank. He took out a personal, amortized loan for $51.000, at an interest
To help pay for culinary school, Aldo borrowed money from a bank. He took out a personal, amortized loan for $51.000, at an interest rate of 5.85%, with monthly payments for a term of 20 years. For each part, do not round any intermediate computations and round your final answers to the nearest cent If necessary, refer to the list of financial formulas (a) Find Aldo's monthly payment. x 5 ? $0 (b) If Aldo pays the monthly payment each month for the full term find his total amount to repay the loan. $0 (c) If Aldo pays the monthly payment each month for the full term. find the total amount of interest he will pay $1 Expela
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