A $3100 item is paid for by end-of-month payments of $350. The interest rate charged is 15%

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A $3100 item is paid for by end-of-month payments of $350. The interest rate charged is 15% compounded monthly. What is the size of the final payment?

Posted Date: May 18, 2024 03:06 PM

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A $3100 item is paid for by end-of-month payments of $350. The interest rate charged is 15%

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