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Felix purchased a boat for $9,755. He made a down payment of $875. He applied for a six-year installment loan with an interest rate of 10.4% in the amount of $8,880. What is the total cost of the boat after six years? $9,803.52 $11,974.32 $12,849.32 $10,769.52 im so confused
is 11,974.32
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