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Youngchang Keyboard sells a $4250 keyboard on a monthly payment plan over 6 years. a) If...

Youngchang Keyboard sells a $4250 keyboard on a monthly payment plan over 6 years.
a) If the interest rate is 3.75% per year, what is the monthly payment?
b) If instead the interest rate is 4% per year, what is the monthly payment?

Math   Statistics-And-Probability   
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