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Mathematics, 22.12.2020 03:50 blonk

Haley purchased a jet ski for $2,485 using a 12-month deferment plan. The interest rate is 21.47%. A down payment of $475 is required as well as a minimum monthly payment of $78. What is the balance at the beginning of the 13th month if only the minimum payment is made during the introductory period? (4 points) $2,408.65

$1,663.29

$2,486.65

$1,550.65

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