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8 Suppose you are financing the purchase of a big-screen TV costing $3,700 by taking out an installment loan. The loan requires a 25% down

8 Suppose you are financing the purchase of a big-screen TV costing $3,700 by taking out an installment loan. The loan requires a 25% down payment and equal monthly payments of $143.38 for 24 months. Find the total deferred payment price.

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