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Demetrius & Chris purchased an item valued at $252,000. They paid $27,720 down and financed the rest at 2.4% compounded monthly. To reduce the amount

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Demetrius & Chris purchased an item valued at $252,000. They paid $27,720 down and financed the rest at 2.4% compounded monthly. To reduce the amount owing to $70,556 at the end of 2 years, what size of equal payments must Demetrius & Chris make at the end of each year? Enter the present value as a positive value in the PV box below. Enter PMT and FV as positive or negative values based on PV being positive. Report PMT accurate to the nearest cent, P/Y = 1 C/Y = 12 N= 2 1/Y = 2.4 PV = $ 184712.55 PMT = $ 95731.35 FV = $0 der an integer or decimal number (more.]

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