Question: Hi - Tec Electronics is selling a 5 2 LG HDTV during a special no sales tax event for $ 1 , 9

Hi-Tec Electronics is selling a 52" LG HDTV during a special "no sales tax" event for $1,995 with monthly payments of $100 including interest at 15% compounded semi-annually. How long will it take a consumer to pay off her new television?

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