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You have a choice of a sound system for $1499 today or to pay $1599 in 3 1/2 years. What would be the minimum interest
You have a choice of a sound system for $1499 today or to pay $1599 in 3 1/2 years. What would be the minimum interest rate for you to choose to pay for the surround system today?
0.728
2.176
1.862
3.528
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