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An appliance is acquired today financed as follows: 18 monthly installments of $ 26,000 each, to pay the first one within five months and an
An appliance is acquired today financed as follows: 18 monthly installments of $ 26,000 each, to pay the first one within five months and an interest rate, nominal annual, compounded monthly, of 3%. After one month, it is decided to cover the value of the debt in a single payment; find the value of this one-time payment.
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