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7 February, 04:11

Andrew purchased a living room set for $2,276 using an 18-month deferred payment plan with an interest rate of 23.49%. What is the balance after the deferment period if no payments are made?

a.) $2,276.00

b.) $2,810.63

c.) $3,123.34

d.) $3,226.39

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Answers (1)
  1. 7 February, 07:59
    0
    The answer is c) 3,123.34
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