Alexei finances her purchase of a $900 television. Her one-year loan has a fixed annual interest rate of 2.5% Which equation correctly calculates Alexei's monthly payment? 12.0.025 M -12-1 900 1- 1-(1+ 0.025 900.0.025 M = -12-1 121-(1+) 0.025 900-0.025 М — 121-(1+ -12-1 0.025 12 12.0.025

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