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Posted on Sep 08, 2024

A computer with software costs $ 2 , 9 9 2 , and Catherine Stevens has agreed to pay a 2 0 % per year

A computer with software costs $

2, 992,

and Catherine Stevens has agreed to pay a

20 %

per year finance charge on the cash price. If she contracts to pay the loan in

18

months, how much will she pay each month?

She will pay $ each month.

(

Round to the nearest cent as needed.

)

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