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ASSIGNMENT 8 - STORE PROMOTIONS 1) Jessica is buying a new big screen TV priced at $1599.99. She can pay the cash price or

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ASSIGNMENT 8 - STORE PROMOTIONS 1) Jessica is buying a new big screen TV priced at $1599.99. She can pay the cash price or take the sale promotion of "No Down Payment and 24 Easy Monthly Payments of just $95!" If Jessica chooses the Easy Monthly Payments, how much will she pay for the TV, and what interest rate is she paying?

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