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To purchase $12,200 worth of machinery for her business, Donna made a down payment of $1600 and took out a business loan for the

To purchase $12,200 worth of machinery for her business, Donna made a down payment of $1600 and took out a business loan for the rest. After 2 years of aying monthly payments of $469.81, she finally paid off the loan. (a) What was the total amount Donna ended up paying for the machinery (including the down payment and monthly payments)? $12875.44 (b) How much interest did Donna pay on the loan?

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