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Mathematics 9 Online
OpenStudy (anonymous):

eustis purchased a living room set for $2784 using a 12 month deferred payment plan. The interest rate after the introductory period is 24.90%. A down payment of $225 is required as well as a minimum monthly payment of $107. What is the balance after the introductory period if only the minimum payment is make until then? A.$1990.18 B.$2053.07 C.$3167.18 D.3274.18

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