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You are delinquent on your accounts payable balance. Youve agreed to a 6-year monthly repayment schedule at an interest rate of 5.75% per year. The

You are delinquent on your accounts payable balance. Youve agreed to a 6-year monthly repayment schedule at an interest rate of 5.75% per year. The current balance is $72,650, how much will you pay per month?

*Show work, not excel function for full credit*

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