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Mathematics, 23.05.2020 22:59 beccadrums

Mike, the owner of Sweet Dreams Funeral Home, purchased new Catholic equipment for $3500.00 and arranged
to have 2 years to pay it off at an interest rate of 12%. Six months after the agreement, he was in a position to pay
$1200.00 on the bill. If he were to pay the full balance in the seventh month, how much would he pay?(round to
nearest $1.00)
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