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9) Monthly Payment and Total Interest on an Amortized Debt: Suppose you buy a television for $1,400 and agree to pay for it in 18

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9) Monthly Payment and Total Interest on an Amortized Debt: Suppose you buy a television for $1,400 and agree to pay for it in 18 equal monthly payments at 1 % interest per month on the unpaid balance. A. How much are the monthly payments? B. How much interest will you pay on this loan

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