Question: Question 16 (1 point) Monica bought a $1250 stereo system for 20% down, with the balance to be paid with interest at 15% compounded monthly

Question 16 (1 point) Monica bought a $1250 stereo system for

Question 16 (1 point) Monica bought a $1250 stereo system for 20% down, with the balance to be paid with interest at 15% compounded monthly in six equal monthly payments. Construct the full amortization schedule for the debt. Calculate the total interest paid

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