To help pay for culinary school, Chris borrowed money from a bank.He took out a...
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Algebra
To help pay for culinary school, Chris borrowed money from a bank.He took out a personal, amortized loan for $57,500, at an interest rate of 5.9%, with monthly payments for a term of 10 years.For each part, do not round any intermediate computations and round your final answers to the nearest cent.If necessary, refer to the best of financial formulas.(a) Find Chris' monthly payment.(b) It Chris pays the monthly paythent each month for the full termfind his total amount to repay me loan,(c) 11 Chris pays the monthly pasmant nach month for the full termfind the total amount of interest the will pay
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