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You are buying a new 8 0 0 television, using a financial plan with a compound 2 % monthly interest. You have to provide a
You are buying a new television, using a financial plan with a compound monthly
interest. You have to provide a down payment of of the value. You are given several
alternative to pay the remainder. Please determine the values to pay in each of the following:
a A single payment within two months
b Two equal payments in one and three months, respectively
c A payment in a month, another payment in three months and a last payment of double
the second one in six months.
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