Ernie's Electronics sells an HD LED television priced at $2395 for $100 down and payments of $100
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Ernie's Electronics sells an HD LED television priced at $2395 for $100 down and payments of $100 per month, including interest at 9.6% compounded monthly. How long after the date of purchase will the final payment be made?
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In effect the customer borrows 2395 100 2295 The loan equa...View the full answer
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