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#5. Hello, I am having problems with the following question and need some assistance Suppose you buy an appliance costing $1750 at a store charging
#5. Hello, I am having problems with the following question and need some assistance
Suppose you buy an appliance costing $1750 at a store charging 5% add-on interest, you make a down payment of $800, and you agree to monthly payments over 4 years. Find the total amount to be repaid.
The total amount to be repaid is $___ (answer is a decimal rounded to the nearest cent as needed)