Question: a store offers an installment plan for its stove under the instalment plan you pay 10 percent down and 30 % of the purchase price

a store offers an installment plan for its stove under the instalment plan you pay 10 percent down and 30 % of the purchase price in each if the bext 3 years. you can borrow or lend funds at a 10 percent interest rate assuming the stove u want cost 1000 what will be ur cost under this plan

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