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Camerin wants a new big screen TV and home theater surround sound? system, which he thinks will cost $ 4,700 The store will finance up to ?$4,200 for 2 years at a 25.00 percent interest rate. Assuming Camerin accepts the? store's financing, what will his monthly payment? be? If he increases his down payment to? $1,000, how much will his monthly payment? be? Complete both problems:

Assuming Camerin accepts the? store's financing, his monthly payment will be ??$ (Round to the nearest? cent.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92741040

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