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Christian purchases a Printing Press for his printing company; using the Installment Buying method, the price tag on the press is $22,750 with sales tax

Christian purchases a Printing Press for his printing company; using the Installment Buying method, the price tag on the press is $22,750 with sales tax of 8%. The press was advertised as add-on-interest of 6% for 5 years.

Find the total cost with tax and amount he would pay monthly for the printing press :

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