Hi-Decibels Auto Audio sells a stereo system for $200 down and monthly payments of

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Danny

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$90 for the next 5 years.? Hi-Decibels Auto Audio sells a stereo system for $200 down and monthly payments of $90 for the next 5 years. If the interest rate is 3.25% per month, find:

a) The cost of the stereo.
Answer = $

b) The total amount of interest paid.
Answer = $
 
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