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Charlotte purchased a pool for $7,680 using a six-month deferred payment plan with an interest rate of 20.45%. She did not make any payments during the deferment period. What will Charlotte’s monthl
Charlotte purchased a pool for $7,680 using a six-month deferred payment plan with an interest rate of 20.45%. She did not make any payments during the deferment period. What will Charlotte’s monthly payment be if she must pay off the pool within three years after the deferment period?