How much will be each payment assuming

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You are buying a boat that costs $50,000. You will make monthly payments for the next 5 years. Payments will be made at the beginning of each month. Interest rate is 8%. How much will be each payment assuming you will pay-off the entire boat at the end? If possible, can you break this down in terms of BA-II Plus Financial Calculator?

Reference no: EM132491824

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