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Abraham purchased a living room set for $3,742 using an 18-month deferred payment plan with an interest rate of 18.79%. What is the balance after the deferment period if no payments are made?

a.) $4,844.77
b.) $4,949.50
c.) $3,742.00
d.) $4,445.12

1 Answer

6 votes
The answer is b I think
User Frops
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