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Jie purchased a computer priced at $991.07, financing it by paying $79.32 on the date ofpurchase, and signing a contract to pay equal monthly payments
Jie purchased a computer priced at $991.07, financing it by paying $79.32 on the date ofpurchase, and signing a contract to pay equal monthly payments over the next eighteen months. If the terms of the contract state that interest is calculated at 9.4% compounded monthly, how much does Jie have to pay at the end of each
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