Question: Jonahtahn purchased a machine for $ 7 5 , 0 0 0 using a 7 year loan at 7 . 1 0 % compounded quarterly.
Jonahtahn purchased a machine for $ using a year loan at compounded quarterly. If the first payment was made one month from when he purchased the machine, what is the size of the monthly payments?
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$
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$
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