Sally Snead found a Honda Accord for $35,500 that she wanted to buy. She decided to put
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Sally Snead found a Honda Accord for $35,500 that she wanted to buy. She decided to put a down payment of $10,000 on the car and borrow the rest from her local bank. The bank loaned her the money for 72 months with the monthly payment of $380.
1) What was the amount financed?
2) What was the total of all monthly payments?
3) What was the total finance (interest) charge?
Related Book For
Business Law Principles and Practices
ISBN: 978-1133586562
9th edition
Authors: Arnold J. Goldman, William D. Sigismond
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