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(Solved): Fritz Benjamin buys a car costing $12 comma 10012,100. He agrees to make payments at the end of ...



Fritz Benjamin buys a car costing ​ $12 comma 10012,100. He agrees to make payments at the end of each monthly period for 66 years. He pays 9.69.6​% ​interest, compounded monthly. ​(a) What is the amount of each​ payment? ​(b) Find the total amount of interest Fritz will pay. ... Question content area right Part 1 ​(a) ​Fritz's monthly payment is ​ $enter your response here. ​(Round to the nearest cent as​ needed.) Part 2 ​(b) Fritz will pay a total of ​ $enter your response here in interest. ​(Round to the nearest cent as​ needed.)



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