test 4 15 Homework: Test #4 Review Question 15, *8.5.19 HW...

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Finance

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Homework: Test #4 Review Question 15, *8.5.19 HW Score: 0%, 0 of 16 points O Points: 0 of 1 Help Part 1 of 2 Save Wilfredo bought a new boat for $14,400. He paid $2,000 for the down payment and financed the rest for 10-years at an annual interest rate of 6%. Use the table to find the monthly payment for the amortized loan. Find the total interest paid on the loan Click the icon to view a table of monthly payments on a 5 on a $1,000 loan. R The monthly payments for this loan are (Round to the nearest cent as needed.)

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