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Candy purchases a new guitar costing $5,500.She put down 15% and finance the rest for 3 years through the store.The store will charge her 10%

Candy purchases a new guitar costing $5,500.She put down 15% and finance the rest for 3 years through the store.The store will charge her 10% per year compounded quarterly. What is the amount of the down payment?

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