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On March 1, Stone Company purchased $13,300 of office equipment, and it paid $3,000 in cash as a down payment. The remaining amount is due

On March 1, Stone Company purchased $13,300 of office equipment, and it paid $3,000 in cash as a down payment. The remaining amount is due in 8 monthly installments. What is the amount of the installment payment for each of the next 8 months

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