1 2 3 4 5 6 7 8 Marvin needs $38,000 worth of equipment for his recording booth. He made a down payment of $6,500, and financed the rest for 6 years at 9.6% interest. What was his monthly payment? What was his total finance charge? After 3 years (36 payments) he paid off the balance of his loan. Using the Rule of 78, how much interest was refunded to him, rounded to the nearest $1? QUESTION 2 Jerry purchased a second-hand dryer priced at $565. He agreed to 24 payments of $37.69 eac How much was financed? TTT Paragraph A p S