Wilfredo bought a new boat for ​$12,100. He paid ​$2,000 for the down payment and financed the rest for 10​-years at an annual interest rate of 6​%. Use the table to find the monthly payment for the amortized loan. Find the total interest paid on the loan.

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Wilfredo bought a new boat for ​$12,100. He paid ​$2,000 for the down payment and financed the rest for 10​-years at an annual interest rate of 6​%. Use the table to find the monthly payment for the amortized loan. Find the total interest paid on the loan.

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