a) If you owe $10,940 and have 4 months to pay it off at the end of each month, assume an effective interest rate of 1%. What constant amount can you pay every month so the debt is paid off in 4 months b) suppose you owed $10,645 instead and you paid back $3,583 at the end of every month for 4 months. how much interest will you have paid?

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