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Alex Murphy purchased a TV with surround sound and remote control on an installment plan with a $60 down payment and 12 payments of $105.48 Find the installment price of the TVThe installment price is $

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We have to calculate the installment price.

It will be the sum of the downpayment and the 12 payments.

We can express it as:


\begin{gathered} P=60+12*105.48 \\ P=60+1265.76 \\ P=1325.76 \end{gathered}

Answer: $1325.76

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