Simon is buying a sofa for $995. If he makes a down payment of 15% of the selling price, the furniture store will allow him to pay off the rest in monthly payments. If he wants to make monthly payments,

Simon is buying a sofa for $995. If he makes a down payment of 15% of the selling price, the furniture store will allow him to pay off the rest in monthly payments. If he wants to make monthly payments, how much of a down payment does Simon have to make?

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