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Using excel functions After purchasing a new house, you want a new TV and audio...

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Accounting

Using excel functions After purchasing a new house, you want a new TV and audio system. Unfortunately, you have
very poor credit and cant get financing through a normal back. So, you finance it through a high
interest short-term lender.
The total cost of the equipment is $3500. The interest rate is 13.5% and the payments are
weekly for 6 months (assume half of a year).
What will the weekly payment be for the equipment?

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