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Mia bought a high-definition television for $7,500. Based on her income, she could afford to pay back only $600 per month. There is 1.5% monthly
Mia bought a high-definition television for $7,500. Based on her income, she could afford to pay back only $600 per month. There is 1.5% monthly interest charge on the unpaid balance. The U.S. Rule is used in the calculation. At the end of month 1, the balance outstanding is
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