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Assume that you can buy a $6,600 computer system in monthly installments for 3 years. The seller charges you 12% compounded interest compounded monthly. What
Assume that you can buy a $6,600 computer system in monthly installments for 3 years. The seller charges you 12% compounded interest compounded monthly. What is your monthly payment? (assume your first payment is at the end of the month)
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