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undefined Q2: You are willing to buy a robot. You search online and find...

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Finance

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Q2: You are willing to buy a robot. You search online and find a new company which is offering discount. (Marks-10, CLO-3) Retail Price = $30,150 Discount = $ 550 Sales Price = $29,600 This sales price and payment includes the tax and service fee, with approved credit for 68 months at 5.25% APR. If you make down payment of $2500, so total financed amount becomes $27,100. Compute the monthly payment

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