Question: A sailboat costs $ 2 7 , 1 0 3 . You pay 1 0 % down and amortize the rest with equal monthly payments

A sailboat costs $27,103. You pay 10% down and amortize the rest with equal monthly payments over a 12-year period. If you must pay 8.1% compounded monthly, what is your monthly payment? How much interest will you pay?
Monthly payments: $ (Round to two decimal places.)
Interest: $ (Round to two decimal places.)
A sailboat costs $27,103. You pay 10% down and amortize the

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