Question: From this partial advertisement: $110.66 per month for 60 months $4,600 used car cash price $50 down payment a. Calculate the amount financed. Amount financed

From this partial advertisement:

$110.66 per month for 60 months

$4,600 used car cash price

$50 down payment

a. Calculate the amount financed.

Amount financed $

b. Calculate the finance charge. (Round your answer to the nearest cent.)

Finance charge $

c. Calculate the deferred payment price. (Round your answer to the nearest cent.)

Deferred payment price $

d. Calculate the APR by (Use Table 14.1 and Table 14.1(b)). (Round your answers to 2 decimal places.)

APR: between % ? and % ?

e. Check monthly payment (by formula). (Round your answer to the nearest cent.)

Monthly payment $

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