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Find the monthly payment

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Reference no: EM131724199

Sheds R Us sells $700 sheds on a monthly payment plan over 5 years.

a) If the interest rate is 3.25% per month, find the monthly payment.

Answer = $

b) If instead the interest rate is 3.5% per month, find the monthly payment

Answer = $

Reference no: EM131724199

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