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What will? paul monthly payments? be

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Reference no: EM131727139

Paul is buying a new boat for ?$15,000. He makes a ?$2,000 down payment and the dealer gives him an? add-on loan, charging him an annual interest rate of 8.6?%. If he takes out a 4?-year ?loan, what will? Paul's monthly payments? be?

Reference no: EM131727139

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