ULUI UILULU UCSLIUI Fritz's monthly payment is $ Fritz Benjamin buys a car with a...
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ULUI UILULU UCSLIUI Fritz's monthly payment is $ Fritz Benjamin buys a car with a loan of $6100. He agrees to make payments at the end of each monthly period for 8 years. He pays 6.0% interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay. (Round to the nearest cent.) Fritz will pay a total of $ in interest. (Round to the nearest cent.)
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