Calculate (a) the amount financed, (b) the total finance charge, and (c) APR by formula. Note:...
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Calculate (a) the amount financed, (b) the total finance charge, and (c) APR by formula. Note: Do not round intermediate calculations. Round the "Finance charge" to the nearest cent and "APR" to the nearest tenth percent. Purchase price of a Down payment used car Number of monthly payments $ 5,673 $ 1,223 Total of monthly Amount financed payments Total finance charge APR 48 $ 5,729.76 Calculate (a) the amount financed, (b) the total finance charge, and (c) APR by formula. Note: Do not round intermediate calculations. Round the "Finance charge" to the nearest cent and "APR" to the nearest tenth percent. Purchase price of a Down payment used car Number of monthly payments $ 5,673 $ 1,223 Total of monthly Amount financed payments Total finance charge APR 48 $ 5,729.76
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