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Find the monthly interest payment in the situation below. Vic bought a new plasma TV for $2200 . He made a down payment of $300

Find the monthly interest payment in the situation below. 


Vic bought a new plasma TV for $2200 . He made a down payment of $300 and then financed the balance through the store. Unfortunately, he was unable to make the first monthly payment and now pays 6 % interest per month on the balance (while he watches his TV).

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