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Sally is buying new living room furniture today for dollar2500.00 She is financing her furniture...

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Accounting

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Sally is buying new living room furniture today for dollar2500.00 She is financing her furniture for 2 years. Her first payment will be the following month. The finance company charges 2percentage interest which is calculated monthly. The apartment complex where Sally lives requires her to have renter's insurance which costs dollar25 monthly. How much is Sally's monthly furniture payment? Selected Answer: dollar111

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