If john makes a down payment of 100 and pays 35 a month for


John Walters is comparing the cost of credit to the cash price of an item. If John makes a down payment of $100 and pays $35 a month for 24 months, how much more will that amount be than the cash price of $701?

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Financial Management: If john makes a down payment of 100 and pays 35 a month for
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