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On March 1, Stone Company purchased $14,000 of office equipment, and it paid $1,400 in cash as a down payment. The remaining amount is due
On March 1, Stone Company purchased $14,000 of office equipment, and it paid $1,400 in cash as a down payment. The remaining amount is due in 6 monthly installments. What is the amount of the installment payment for each of the next 6 months? Round your answer to nearest whole number. a. $12,600 b. $2,567 c. $2,333 d. $2,100
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