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3 February, 09:36

You purchase a new desktop computer for $2,200. you put a 6% down payment and $100 per month on a 24 month purchase plan. determine the total finance

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  1. 3 February, 10:02
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    The total finance will be as follows:

    Total = (downpayment) + (future payments)

    Down payment=6/100*2200=$132

    Total future payments = (monthly payments) * (number of months)

    =24*100

    =$2400

    thus the total payment will be:

    2400+132

    =$2532
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