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On April 1, 2024, Antonio purchased appliances from the Acme Appliance Company for $1,400, In order to increase sales, Acme allows customers to pay in

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On April 1, 2024, Antonio purchased appliances from the Acme Appliance Company for $1,400, In order to increase sales, Acme allows customers to pay in instalments and will defer any payments for six months. Antonio will make 18 equal monthly payments, beginning October 1,2024 . The annual interest rate implicit in this agreement is 24% Required: Calculate the monthly payment necessary for Antonio to pay for his purchases. Noter Use tables, Excel, or a financial calculator, Do not round intermediate calculations. Round your final answers to nearest whole dollar amount. (EV of S1, PV of S1. EVA of S1, PVA of S1, EVAD of \$1 and

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