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If you purchase some living room furniture for $1,750 and the store finances the entire amount over 24 months at a monthly rate of 1.75%,
If you purchase some living room furniture for $1,750 and the store finances the entire amount over 24 months at a monthly rate of 1.75%, what is your monthly payment?
A. $30.63 B. $103.54 C. $89.92
Maria just turned 18 and can save $250 a month, starting in 1 month. If Maria can earn 6.5% compounded monthly, what age will she be when she accumulates $1,000,000?
A. 66 years old C. 577 years old
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