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A company sells each waterbottle for $ 10, the company tax rate is 25%. In order to increasing the profits by offering flexible payment options

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A company sells each waterbottle for $ 10, the company tax rate is 25%. In order to increasing the profits by offering flexible payment options to your customers.For 2 year monthly payment or 3 year monthly payment. Assuming an annual interest rate of 3% during the payment periods, determine the minimum monthly payment that are required

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