Donna is starting a consulting business and purchased new office equipment and furniture selling for $13,220. Donna
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Donna is starting a consulting business and purchased new office equipment and furniture selling for $13,220. Donna paid 20% as a down payment and financed the balance with a 36-month installment loan with an APR of 6%.
a) Determine the down payment.
b) Determine the amount financed.
c) Determine the finance charge.
d) Determine the monthly payment.
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Related Book For
A Survey Of Mathematics With Applications
ISBN: 9780135740460
11th Edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
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