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Troy Juth wants to purchase new dive equipment for Underwater Connection, his retall store in Colorado Springs. He was offered a $70,000 loan at 10%

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Troy Juth wants to purchase new dive equipment for Underwater Connection, his retall store in Colorado Springs. He was offered a $70,000 loan at 10% for 60 months. What is his monthly payment by table lookup? (Use Table 14.2) Note: Round your answer to the nearest cent

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