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How much will she pay each month

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Question: A computer with software costs $2,987, and Docie Johnson has agreed to pay a 19% per year finance charge on the cash price. If she contracts to pay the loan in 18 months, how much will she pay each month?

2. The cash price of a bedroom suite is $2,590. There is a 24% finance charge on the cash price and 12 monthly payments. Find the monthly payment.

Reference no: EM131623107

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