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12.2.5 Question Help A property was purchased for $7002.00 down and payments of $1521.00 at...

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12.2.5 Question Help A property was purchased for $7002.00 down and payments of $1521.00 at the end of every year for 9 years. Interest is 10% per annum compounded quarterly. What was the purchase price of the property? How much is the cost of financing? The purchase price of the property was $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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