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William recently bought an old Mazda CX5 for $14,888 and financed it at 8% compounded...

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Accounting

William recently bought an old Mazda CX5 for $14,888 and financed it at 8% compounded semi-annually. If he wants to pay off the debt in three years by making payments at the end of each month. How much will he need to pay each month?

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