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19 May, 07:18

Rita wants to buy a rocking chair for $160 she will pay 10% down and pay the rest and six monthly installments what will be the amount of each monthly payment

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  1. 19 May, 10:58
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    The amount for deposit is (10/100) * 160 = 16 So the remaining amount to pay is 160 - 16 = 144 and has to be paid within six months. 6 months - - > 144 So 1 month - - - > 144/6 = $24
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