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9/6 You purchased a one-year Renters Insurance policy from InsureMart. The premium is $1800. Instead of paying the premium in full, you chose to make

9/6 You purchased a one-year Renters Insurance policy from InsureMart. The premium is $1800. Instead of paying the premium in full, you chose to make 12 monthly payments with a 10% annual interest rate. Your first payment was due today. You issued check #102 in the amount of $165.

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