selma purchased dining room set 2320 using 12 month deferred payment plan interest rate 2192
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Selma purchased a dining room set for $2,320 using a 12-month deferred payment plan with an interest rate of 21.92%. She did not make any payments during the deferment period. What will the total cost of the dining room set be if she must pay off the dining room set within two years after the deferment period?
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