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Purchase a new phone for $300. Your cell phone bill will be $80 per month. Make monthly payments of $25 for your phone. Your cell phone bill will be...


  1. Purchase a new phone for $300. Your cell phone bill will be $80 per month.
  2. Make monthly payments of $25 for your phone. Your cell phone bill will be $70 per month (plus the $25 for the phone).
  3. Determine how many months it would take for the two options to have the same overall cost. 

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