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Shirley, a recent college graduate, excitedly described to her older sister the $1,880 sofa, table, and chairs she found todaFor a bank loan assuming a one-year repayment period and 14.5% interest, the monthly payment is $1 (Round to the nearest cent

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Answer #1

Ans. (i) $179.38

(ii) $2,152.60

(iii) $177.38

(iv) $2,128.52

(v) $222.10

(vi) $128.12

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