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Use the TVM solver to determine the monthly payment of a lease of $21 568 if the interest rate is 4.8% compounded monthly for 48 months.


Use the provided TVM solver to determine the interest rate on a loan of $5400 if interest is compounded monthly for 72 months and the final amount of the loan is $6965.35. List the values you used for present value, future value, number of years, and number of compounding periods per year.


Determine the total interest on a loan of $5000 if the interest rate is 6.24%, compounded monthly for 12 years.


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