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5) Dillon wants to buy a new laptop that cost $1450. He cannot afford it right away but needs one immediately. The store offers an
5) Dillon wants to buy a new laptop that cost $1450. He cannot afford it right away but needs one immediately. The store offers an installment plan that would require a 20% down payment with monthly payments of $55 for the next two years. How much will Dillon end up paying in total for the laptop? How much will he have paid in interest? 6) Hillary wants to buy a new refrigerator that will cost her $2750. She cannot afford this amount but is willing to go on an installment plan. The plan requires her to put a 17% down payments. It also will require her to make $80 monthly payments for the next 3 years. What is the finance charge for being on this installment plan
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