To purchase $14,300 worth of lab equipment for his business, Reuben made a down payment of $1500 and took out a business
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To purchase $14,300 worth of lab equipment for his business, Reuben made a down payment of $1500 and took out a business
To purchase $14,300 worth of lab equipment for his business, Reuben made a down payment of $1500 and took out a business loan for the rest. After 2 years of paying monthly payments of $567.31, he finally paid off the loan. х 5 ? (a) What was the total amount Reuben ended up paying for the equipment (including the down payment and monthly payments)? si (b) How much interest did Reuben pay on the loan? si
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