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Mathematics, 29.04.2021 19:30 djcloverman3593

Example 2: Heather, from Example 1, speaks to the salesperson at the music store who suggests that she buy
the guitar on the installment plan. It requires a 15% down payment. The remainder, plus an
additional finance charge, is paid back on a monthly basis for the next two years. The monthly
payment is $88.75. What is the finance charge?

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