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You borrow $5,330 to purchase furniture for your house. You agree to make monthly payments for 6 years to pay for the furniture. If the

You borrow $5,330 to purchase furniture for your house. You agree to make monthly payments for 6 years to pay for the furniture. If the interest rate is 7 percent with monthly compounding, how much are your monthly payments? Assume the first payment is made one month after purchase. $84.68 O $82.96 O $90.87 O $59.78 $59.00

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