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Penelope buys some new electronics for $8,000 with a $1,000 down payment, and gets financing for 1.5 years with 3.5% add on interest. Find each
Penelope buys some new electronics for $8,000 with a $1,000 down payment, and gets financing for 1.5 years with 3.5% add on interest. Find each of the following. (a) The amount financed (b) The finance charge (c) The total installment price (d) The monthly payment (e) Find Penelope's total cost, for the electronics plus interest
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