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A journalist wants to buy a Panasonic camcorder for $3,100 . The retailer is offering a 7% interest rate for 36 months (3 years). What

A journalist wants to buy a Panasonic camcorder for $3,100 . The retailer is offering a 7% interest rate for 36 months (3 years). What will the monthly payments be?

$ How much will the journalist pay over the entire 36 month period?

$ How much interest will the journalist pay?

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