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Future Shop has a plan where you don't begin payments for 12 months. You then begin payments of $319 at the beginning of every month
Future Shop has a plan where you don't begin payments for 12 months. You then begin payments of $319 at the beginning of every month for 19 months. Assume the interest rate is 4% compounded semiannually over the whole time interval (even when you don't have any payments). What was the value of the home theatre set at the time of purchase? The value of the home theatre set at the time of purchase was $
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