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riley bought a piano for $4000 and made a down payment of $400. if the balance is financed at a simple interest rate pf 8% with 24 equal monthly payments, what are the installments

User Alex Mcp
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1 Answer

9 votes

Answer:

Total cost with interest and down payment: $4288

Monthly payment with interest: $162

(if this doesnt answer your question, plz let me know what you mean by installments and ill try again)

Explanation

User Nataki
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