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Mathematics, 29.07.2021 23:50 zianebonankenotdbev
Kareem is purchasing a new television that costs $2250. He has two different options to finance the purchase and he wants to pay off the debt in a year by making regular monthly payments. Option A: Finance the purchase through the store at an interest rate of 12.1%, compounded daily, with a $125 rebate. Option B: Finance the purchase with a line of credit at an interest rate of 10.2%, compounded daily. What is the cheapest possible monthly payment? A. $188.96 B. $198.06 C. $177.08 D. $187.06 1 points Question 2 of 9 Next Question
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Kareem is purchasing a new television that costs $2250. He has two different options to finance the...
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