On November 1, 2015, Sonya purchases a leather chair advertised at $1980, including an offer to defer

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On November 1, 2015, Sonya purchases a leather chair advertised at $1980, including an offer to defer payment for eight months. If she does not agree to the eight- month deferment, and money is worth 19.8% (as on her credit card), how much would she have to pay in cash on the date of purchase?
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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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