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Mathematics, 25.04.2021 07:30 OwONuzzlez

David mows lawns as a part-time job. He needs to buy a new lawn tractor, which will cost $6583. The bank offers him a loan at 12,4%.
compounded monthly, with payments of $250 at the end of each month
a) How long will David need to make payments?
b) How much interest will he pay?

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David mows lawns as a part-time job. He needs to buy a new lawn tractor, which will cost $6583. Th...
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