Solve the problem. Round to the nearest cent.A restaurant owner purchased a new dishwasher for $2000. She paid 8% down and financed the balance with a  fixed installment loan with an APR of What is the owner's monthly payment? How much will the owner pay in interest?

A. Monthly payment = $160.91; Interest paid =$90.90
B. Monthly payment = $175.37; Interest paid = $104.40
C. Monthly payment = $165.12; Interest paid =$141.50
D. Monthly payment = $160.48; Interest paid = $85.76


Answer: D

Mathematics

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