Answered

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To purchase $12,200 worth of restaurant equipment for her business, Linda made a down payment of $1600 and took out a business loan for the rest. After 3
years of paying monthly payments of $322.48, she finally paid off the loan.
(a) What was the total amount Linda ended up paying for the equipment
(including the down payment and monthly payments)?
$0
(b) How much interest did Linda pay on the loan?
$0

Sagot :

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