Camerin wants a new big-screen TV and home theater surround-sound system, which he thinks will cost $4,000.

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Camerin wants a new big-screen TV and home theater surround-sound system, which he thinks will cost $4,000. The store will finance up to $3,500 for 2 years at a 19.5 percent interest rate. Assuming Camerin accepts the store's financing, what will his monthly payment be? If he increases his down payment to $1,000, how much will his monthly payment be?
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