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24. MOVIE PROJECTORS Movie 6, Inc., purchased two movie projectors at a total cost of $12,200 with a down payment of $1500. The company agreed
24. MOVIE PROJECTORS Movie 6, Inc., purchased two movie projectors at a total cost of $12,200 with a down payment of $1500. The company agreed to make 12 monthly payments of $945 each. Find (a) the finance charge, (b) the unearned interest, and (c) the amount necessary to pay the loan in full after the 8th payment
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