Youngchang Keyboard sells a $2800 keyboard on a monthly payment plan over 3 years. a) If the
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Question:
Youngchang Keyboard sells a $2800 keyboard on a monthly payment plan over 3 years.
a) If the interest rate is 6% per year, what is the monthly payment?
Answer = $
b) If instead the interest rate is 6.25% per year, what is the monthly payment?
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