Sonny purchased a new television that sells for $1650 including tax and delivery. He paid $350 down and the remaining cost in five equal monthly payments. What were his monthly payments?
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Sonny purchased a new television that sells for $1650 including tax and delivery. He paid $350 down and the remaining cost in five equal monthly payments. What were his monthly payments?
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- Jason Bradley purchased a $77,000 home at 8.5% for 30 years with a down payment of $15,000. His annual real estate tax is $1,692 along with an annual insurance premium of $852. Jason’s bank requires that his monthly payment include an escrow deposit for the tax and insurance. What is the total payment each month for Jason? (Round your answer to the nearest cent.)Shelley purchased a home in Maryland Heights, MO, for $204,000. Her down payment was 20% of the cash price, and she obtained a mortgage for 20 years at 7%. What are Shelley's monthly payment and total interest cost? (Round your answers to the nearest cent.) a)Monthly payment b) Total interest costMarc has purchased a new car for $15,000. He paid $2,500 as down payment and he paid the balance by a loan from his hometown bank. The loan is to be paid on a monthly basis for two years charging 12 percent interest. How much are the monthly payments? Not excel please
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