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Carter made payments of $147 each month toward a bedroom set that he purchased for $3,412 using a deferred payment plan. If the interest rate on the plan is 29.53%, what is the balance after the deferment
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Carter made payments of $147 each month toward a bedroom set that he purchased for $3,412 using a deferred payment plan. If the interest rate on the plan is 29.53%, what is the balance after the deferment period?

User Chi Dov
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Answer:

The correct ansewer is 3,065.81

User Payling
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