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OpenStudy (anonymous):
Fred purchased a boat for $8,645. He made a down payment of $775. He applied for a six-year installment loan with an interest rate of 11.4% in the amount of $7,870. What is the total cost of the boat after six years?
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OpenStudy (anonymous):
$11,677.24 $8,767.18 $9,630.53 $10,902.24 options
OpenStudy (anonymous):
8,767.18
OpenStudy (anonymous):
thank you so much
OpenStudy (anonymous):
You're welcome. :3
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