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You wish to buy a $10,400 dining room set. The furniture store offers you a 3-year loan with an APR of 9 percent. What are
You wish to buy a $10,400 dining room set. The furniture store offers you a 3-year loan with an APR of 9 percent. What are the monthly payments? (Do not round Intermediate calculations and round your final answer to 2 decimal places.) month How would the payment differ if you paid interest only? (Do not round Intermediate calculations and round your final answer to 2 decimal places.) per month
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