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Wayne borrowed money to purchase his son's hockey equipment. He made month - end loan payments of $ 6 4 for two years on a
Wayne borrowed money to purchase his son's hockey equipment. He made monthend loan payments of $ for two years on a loan that charges interest at compounded monthly. Roberto also borrowed money to purchase his daughter's hockey equipment. He made loan payments of $ at the end of each quarter for two years on a loan that charges interest at compounded quarterly. What was the cash price of each of the sets of hockey equipment, and which parent paid less?
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The cash price for Wayne's son's hockey equipment is $
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