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April 17, 2014

Homework Help: business and finance

Posted by maria on Monday, August 13, 2012 at 12:48pm.

Earl Miller plans to buy a boat for $19,500 with an interest
charge of $2,500. Earl figures he can afford a monthly
payment of $650. If Earl has to pay 36 equal monthly
payments, by how much can he afford the boat per month?

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