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Mathematics, 22.01.2021 20:10 toshahoskins0098
4. Jessica bought a new television. The deal was attractive to her because she will be required to make
interest-only payments on the $1,800 purchase for the first year. a) Assuming a 20% annual interest rate,
how much will her monthly interest payments be? b) How much interest will she pay over the course of
the first year?
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Answers: 2
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