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Jodi has just bought a new computer

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Cash flow analysis: Jodi has just bought a new computer ($2000), a printer ($350), and a scanner ($210). She wants to take a monthly payment option. There is a monthly interest of 3 percent on her purchase.

a) If Jodi pays $100 a month how long does it take to complete her payments?

b) If Jodi wants to finish paying in 24 months how much should she pay monthly?

Reference no: EM132319601

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