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A customer charges a treadmill at Sports Equipment Shop. The price is $5,000 and the financing charge is 6% per annum if the bill is not paid in 30 days. The customer fails to pay the bill within 30 days and a monthly finance charge is added to the customer's account. What is the amount of the monthly finance charge?
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A customer charges a treadmill at Sports Equipment Shop. The price is $5,000 and the financing charg...
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