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Using the answer you got from the previous problem (You take out a personal loan from the bank for $15,000 to pay for unexpected house
Using the answer you got from the previous problem (You take out a personal loan from the bank for $15,000 to pay for unexpected house repairs.The bank requires repayment in equal monthly installments over a period of 8 years at a fixed APR of 10.75%.)
Determine the total amount you paid over the life of the loan
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