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OpenStudy (anonymous):
Matthew purchased a washer and dryer for $2,885 using an 18-month deferred payment plan with an interest rate of 26.12%. What is the balance after the deferment period if payments of $85 were made each month? $1,355.00 $2,720.86 $2,885.00 $4,250.86
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OpenStudy (anonymous):
Anyone? I really need help understand deferment plans!
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