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Q1: On your calculator, find (round final answer to 2 decimal places). R = ?. Ms. Smith buys a car for $20300. She makes payments at the end of each month for 6 years & pays 9.65 % interest compounded monthly. What is the amount of each payment? .
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Q1: On your calculator, find (round final answer to 2 decimal places)
Ms. Smith buys a car for $20300. She makes payments at the end of each month for 6 years & pays 9.65% interestcompounded monthly. What is the amount of each payment?
Find the total amount of interest Ms. Smith will pay. (We know that she paid $372.50 monthly for 6 years and that the car price was $20300.00)