Jessica bought an $1,150 television set for 25% down and the balance to be paid with interest at 11.25% compounded monthly in six equal monthly payments. Construct the full amortization schedule for the debt. Calculate the total interest paid.

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The Answer of Jessica bought an $1,150 television set for 25% down and the balance to be paid with interest at 11.25% compounded monthly in six equal monthly payments. Construct the full amortization schedule for the debt. Calculate the total interest paid.

Jessica Bought an $1,150 Television Set for 25% Down and the Balance