Question: jill purchased a $ 4 0 , 0 0 0 kitchen remodel by putting 2 0 % down and taking out a loan for the

jill purchased a $40,000 kitchen remodel by putting 20% down and taking out a loan for the rest. she will be paying 51/8% APR and making equal payments every month for 6 years to pay it off. how much are her monthly payments?

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