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What will chasity monthly payment be

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Question - Chasity purchased a pool for $9,270 using a six-month deferred payment plan with an interest rate of 17.95%. She did not make any payments during the deferment period. What will Chasity's monthly payment be if she must pay off the pool within four years after the deferment period?

1) $297.41

2) $193.13

3) $560.59

4) $211.12

Reference no: EM132857584

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