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You are going to buy a television for $ 400,000.00 in the store they offer you two payment systems: Cancel it in 18 equal monthly

You are going to buy a television for $ 400,000.00 in the store they offer you two payment systems: Cancel it in 18 equal monthly installments, or cancel 15% in cash and the balance in 12 monthly installments. If they charge you an interest rate of 3.6% per month, what is the value of each installment?

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