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Mathematics 7 Online
OpenStudy (anonymous):

20. Carter made payments of $147 each month toward a bedroom set that he purchased for $3,412 using a six-month deferred payment plan. If the interest rate on the plan is 29.53%, what is the balance after the deferment period?

OpenStudy (anonymous):

I really need help with this! I've been trying to figure this out for at least half an hour! What formula should I use and work shown if possible

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