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A full bedroom set (complete with mattress, desk, and chair) has a cash value of $12,700. A furniture store is offering no payments for 24
A full bedroom set (complete with mattress, desk, and chair) has a cash value of $12,700. A furniture store is offering no payments for 24 months, though is charging 1.99% interest compounded semi-annually during this time. If payments are then made at the beginning of every six months for three years, what is the size of each payment
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