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(1 point) Stereo Inc. sells a stereo system for $600 down and monthly payments of $30 for the next 3 years. If the interest rate

(1 point) Stereo Inc. sells a stereo system for $600 down and monthly payments of $30 for the next 3 years. If the interest rate is 1.75% per month, find: a) The cost of the stereo. Answer $ 1396.28 b) The total amount of interest paid. Answer $

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