6. An electronics retailer offers a payment plan at 4.5% annual interest, compounded monthly. Customers can pay for a ho

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6. An electronics retailer offers a payment plan at 4.5% annual interest, compounded monthly. Customers can pay for a ho

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6 An Electronics Retailer Offers A Payment Plan At 4 5 Annual Interest Compounded Monthly Customers Can Pay For A Ho 1
6 An Electronics Retailer Offers A Payment Plan At 4 5 Annual Interest Compounded Monthly Customers Can Pay For A Ho 1 (16.43 KiB) Viewed 59 times
6. An electronics retailer offers a payment plan at 4.5% annual interest, compounded monthly. Customers can pay for a home-theatre system by monthly payments of $247.56 for 2 years. What is the cost of the home- theatre system for a customer paying cash at the time of purchase? a. $6024.58 c. $5617.67 b. $5671.76 d. $6204.85
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