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Sandhya, Tutor
Category: Homework
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sandhya , You have decided to purchase a boat. You have

Customer Question

sandhya ,

You have decided to purchase a boat. You have found a well-running boat that will coast you 29,500. You can finance your purchase through the dealer at an annual rate of 24 pe3rcent for 24 months. The dealer requires a down payment of $8,000.
What will be the amount of your monthly payments?
What will be the total amount paid to the dealer over the life of the loan?
What will be the total amount of interest paid ?
Submitted: 5 years ago.
Category: Homework
Expert:  Sandhya replied 5 years ago.

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