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  • 2 years ago

Sharon purchased a sprinkler system for $1950 using a six month deffered payment plan. The interest rate after the introductory period is 23.99%. No down payment is required, but there is a minimum monthly payment of $25. What is the balance at the beginning of the seventh mmonth if only the monthly payment is made each month during the introductory period?

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  1. allie_bear22
    • 2 years ago
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