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Asian Davis & Quentin Graham LLC is contemplating purchasing a new company boat. Below is Bass Pro Shop's advertisement: Selling price = $30, 870 New

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Asian Davis & Quentin Graham LLC is contemplating purchasing a new company boat. Below is Bass Pro Shop's advertisement: Selling price = $30, 870 New Year's Eve discount $2, 143 Early bird special discount $800 Warranty with purchase discount $1500 Mr. Graham is cheap and doesn't like financing. If Asian choose to finance the boat through the dealership the best rate the company can get is 5.25% APR for 7 years. If he writes a company check for the down payment for $5, 427, what will be the company's monthly payment if Asian purchased the boat

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