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PLEASE HWLPPPP Gary has decided to buy a new flat screen TV system for $4,700 and agreed to make monthly payments for three years at 7% compounded monthly. How much is each paym…

PLEASE HWLPPPP Gary has decided to buy a new flat screen TV system for $4,700 and agreed to make monthly payments for three years at 7% compounded monthly. How much is each paym…
asked 92.5k views
5 votes
PLEASE HWLPPPP

Gary has decided to buy a new flat screen TV system for $4,700 and agreed to make monthly payments
for three years at 7% compounded monthly. How much is each payment? How much will he pay in
cumulative interest?

asked
User Mykola Bohdiuk
by
7.7k points

2 Answers

7 votes
The guy on top is right!
answered
User Karan Gaur
by
7.9k points
2 votes
•$945.64
•$4,043.04
Hope this helped
answered
User Jesse Hufstetler
by
7.9k points
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