Patio set costing, Orestes purchases a patio set costing

Patio set costing

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Reference no: EM13917314

Orestes purchases a patio set costing $2,430 by taking out an 12.5% add-on installment loan. The loan requires a 20% down payment and equal monthly payments for 3 years. How much are Orestes’ monthly payments?

Reference no: EM13917314

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