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20-09-2022
Mathematics

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7. Rob wants to purchase a $5,000 drum set. The music store offers him a 2-year installment agreement requiring $800 down and monthly payments of $202.50. Rob has
a poor credit rating.
a. What is his interest on this installment agreement?

7 Rob wants to purchase a 5000 drum set The music store offers him a 2year installment agreement requiring 800 down and monthly payments of 20250 Rob has a poor class=

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