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Industrial Tools owes you $38,600. This amount is seriously delinquent so you have offered to accept weekly payments for one year at an interest rate

Industrial Tools owes you $38,600. This amount is seriously delinquent so you have offered to accept weekly payments for one year at an interest rate of 3 percent to settle this debt in full. What is the amount of each payment? $609.18 $753.71 $829.90 $818.11 $599.04

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