Mathematics, 08.07.2021 16:10 tsdean21

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

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