A finance company offers a 2 4 - month installment loan with an APR of $ 1

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Question:

A finance company offers a

24 -

month installment loan with an APR of $

13 % .

Robert wishes to use the loan to finance a delivery truck for $

31, 400 .

After using Table

13 - 1

from your text to find the finance charge, calculate the monthly payment.

1, 138.25

1, 197.96

1, 492.81

1, 547.37

Posted Date: May 18, 2024 04:13 PM

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A finance company offers a 2 4 - month installment loan with an APR of $ 1

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