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Suppose you can get a 24 month, 6% APR loan (monthly compounding) to buy the just released iPhone 11 pro max, which is priced at

Suppose you can get a 24 month, 6% APR loan (monthly compounding) to buy the just released iPhone 11 pro max, which is priced at $1,099 (suppose you do not have sales tax in your state). What will your monthly payment be?

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1099 1099 16.234 - oblik 24 1.27 1.0616 1099 = 1099.318.46 16.234 (60 (2126) 3.451

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