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Camerin wants a new big screen TV and home theater surround sound system, which he thinks will cost $ 4,700 The store will finance up
Camerin wants a new big screen TV and home theater surround sound system, which he thinks will cost $ 4,700 The store will finance up to $4,200 for 2 years at a 25.00 percent interest rate. Assuming Camerin accepts the store's financing, what will his monthly payment be? If he increases his down payment to $1,000, how much will his monthly payment be? Complete both problems:
Question 1- Assuming Camerin accepts the store's financing, his monthly payment will be ?$ (Round to the nearest cent.)
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