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Business, 13.04.2021 01:00 214578

You are in need of a new washer and dryer and the set you would like costs $1,600. You do not have access to enough cash to pay for the washer and dryer in full at time of purchase and are exploring your financing options. You have seen the following advertisement on television. Determine what monthly interest rate (X. XX %) is being charged by the leasing company.

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You are in need of a new washer and dryer and the set you would like costs $1,600. You do not have a...

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