Question: From this partial advertisement: $96.69 per month for 60 months $4,300 used car cash price $50 down payment a. Calculate the amount financed. Amount financed




From this partial advertisement: $96.69 per month for 60 months $4,300 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. Calculate monthly payment (by formula). (Round your answer to the nearest cent.) Monthly payment NUMBER or PAYN ENTS 2.000 2.258 2. 501 ANNUAL PERCENTAGE RATE 2.750 3.000 3.25 3.500 3.75% 4.000 4.25 4.500 (FINANCE CHARGE PER $100 OF AMOUNT FINANCEDI 4.757 5.00 5.250 5.500 5.751 0.16 0.21 0.31 0.37 0,62 0.63 0.4 0.33 0.50 0.41 0.17 0.25 0.33 0.42 0.50 0.19 0.28 0.38 0.47 0.56 0.23 0.34 0.46 0.57 0.69 0.25 0.30 0.50 0.3 0.31 0.47 0.63 0.78 0. 0.77 0.96 0.71 0.75 0.16 0. AR 0.79 0.52 0.63 0.60 0.81 0.5A 0.73 0.88 0.92 1.15 0.15 0.13 1.00 1.07 1.) 0.73 0.84 7 0.95 1.09 1.12 0.66 0.75 0.85 1.10 1.25 1.61 0.58 0.67 0.75 0.64 0.92 0.80 0.92 1.03 1.15 1.26 1. TA 0.88 1.00 1.13 1.25 1.02 1.17 1.12 1.46 1.14 1.51 1.59 1.79 2.07 2.17 1.36 1.04 1.15 1.03 10 1.50 2.20 7.42 1.84 2.01 2.09 2.31 2.19 7.65 1.00 1.09 1.25 1.36 11 12 2.77 2.44 2.90 1.51 1.63 1.22 2.14 2.12 1.50 1.61 1.73 2.87 1.16 1.91 2.05 2.20 2.35 2.52 2.73 2.96 2.01 2.18 2.15 2.12 2.60 1.77 1.91 2.04 2.10 2.39 2.59 7.73 2.99 3. 20 1.25 2.04 2. 20 2.36 2.52 1.57 1.67 2.04 3.31 15 1.51 2.01 2.36 3.37 3.71 2.14 2.60 1.78 1.89 1.22 16 17 10 4.12 3.75 3.9 1.42 1.51 1.59 1.67 1.16 1.60 1.10 1.79 1.69 1.98 3.79 1.96 2.00 2.19 2.31 2.42 2.16 3.03 1.20 2.12 2.46 2.50 2.73 2.87 2.50 2.65 2.79 2.94 3.09 1.22 1.40 2.26 2.30 2.52 2.65 4.41 3.60 3.60 1.80 4.01 4.21 2.99 3.15 3.11 1.60 3.79 2.10 2.20 4.22 4.49 4.65 20 3.76 5.11 3.01 3.24 3.39 3.88 21 22 23 24 25 4.12 2.08 2.17 2.27 2.36 2.46 2.77 2.90 3.0) 2.31 2.41 2.52 2.62 2.73 1.99 2.01 2.10 2.18 2.54 2.66 2.77 2.89 3.01 3.20 5.11 5.IN 3.79 3.95 4.86 5.OH 5.29 5.12 5.3 5.50 S.A3 4,02 5.07 5.23 5.95 5.50 5.45 6.10 6.15 4.22 3.28 3.04 3.12 3. TO 4.27 6. CI 27 28 2.27 2.35 2.49 2.52 2.60 2.55 2.65 2.14 2. 4 2.09 2.84 2.95 3.05 3.16 3.26 4.0 4.26 4.59 3.36 3. 47 4.79 4.91 5.08 5.25 5.01 5.22 5.40 5.50 5.54 5.44 6.05 5.53 5.12 5.97 5.72 5.44 6.15 6.37 6.47 6.70 6.60 6.85 7.10 7.15 7.40 4.11 4.25 7.07 7.26 3.37 4.05 4.39 31 32 33 3.71 3.83 3.03 3.12 3. 22 3. 12 5.77 9.95 6.11 6.32 1.15 1. 18 7.1 7.50 7.74 4.31 4.67 5.08 5.24 5.40 5.56 5.72 7. AS 8.10 2.35 5.04 5.19 5.77 5.96 2.69 2.17 2.86 2.94 3.03 3.11 3.20 6.41 7.02 7.24 7.4A 6.50 6.70 6.66 6.87 1.08 1.20 4.06 3.69 3.79 8. 07 3.51 36 37 4.30 4.41 .82 3.90 4.01 4.11 4.22 4.33 5.09 5.23 5.37 5.51 3.10 3. 79 3.89 39 40 5.89 6.05 6.21 6.37 3.37 3.45 4.65 4.77 5.79 5.94 6.09 5.00 5.21 41 6.40 3.54 3.62 3.71 3.79 3.88 9.99 4.08 4.18 4.28 5.00 5.12 5.24 5.36 5.41 5.80 5.19 5.93 6.07 6.21 6.35 6.70 6.86 7.03 7.19 7. 35 4.76 4.86 6.70 6.65 45 5.86 3.97 4.05 7.52 7.68 4. 47 4.56 4.66 4.76 4.85 40 49 50 4.97 5.08 5.19 5.30 5.40 5.90 6.11 6.24 5.00 5. 5.8) 5.95 7.00 7.16 7.31 7.46 7.61 6.29 6.69 7.09 7.49 7.90 9.10 8.71 9.11 6.87 7.28 7.70 8.53 8.95 6.63 1.05 7. 91 R. 16 6.61 7.60 8.11 A.55 8.99 8.12 8.77 9.22 9.67 10.13 1.16 7.61 8.50 8.99 9.92 10.38 7.33 1.80 4.27 9.21 9.69 10.16 10.64 7.50 1.98 9.43 9.92 10.41 10.89 7.68 1.17 8.5e 9.16 9.65 10.15 10.65 11.15 7.85 9.37 9.A 10.38 10.19 11.41 8.03 9.06 10.10 10.62 11.14 11.16 8.20 9.26 9.79 10.32 10.45 11.39 11.92 8.38 10.00 10.54 11.09 11.63 12.18 9.10 9.66 10.21 10.76 11.32 11.a 12.44 9.29 9.85 10.42 10.99 11.55 12.12 12.70 10.05 10.6) 11.21 11.79 12.37 12.95 9.67 10.25 10.04 11.3 12.02 12.62 13.21 9.B 10.45 11.05 11.66 12.26 12.86 11.47 10.04 10.65 11.2 11.88 12.49 13.11 13. 9.61 10.7) 10.95 11.48 12.10 12.73 11.36 13.99 9.79 10.42 11.05 11.69 12.33 12.97 13.61 14.25 10.61 11.25 11.90 12.55 13.20 13.86 14.52 10.14 10.80 11.46 12.11 12.78 13.44 14.78 10.32 10.99 12.33 13.00 13.68 15.04 10.50 11. IA 11.86 12.54 13.23 4.22 4.31 8.01 6.50 6.92 7.06 51 7.20 5.51 5.62 5.73 5.83 6.07 6.31 5.05 5.14 5.24 53 94 95 9.26 7.77 7.92 8.07 8.23 4.56 4.65 4.74 6.77 6.90 7.03 7.16 7.48 7.63 7.77 8.67 8.83 9.00 6.55 &.05 4.91 5.53 5.63 58 7.91 8.05 8.19 7.20 7.42 7.55 7.66 7.81 6.27 6.48 6.79 6.91 7.03 7.15 3.00 5.17 9.33 9.49 9.66 5.82 9.00 9.15 TABLE 14.1 (concluded 4.12 6.00 6.10 NUMBER ANNUAL PERCENTAGE RATE OF PAYMENTS 14.000 14.250 14.500 14.750 15.000 15.2515.500 15.750 16.00 16.250 16.500 16.750 17.000 17.250 17.500 17.750 EFINANCE CHARGE PER $100 OF AMOUNT FINANCEDI 1.17 1.19 1.21 1.23 1.25 1.27 1.29 1.31 1.3) 1.11 1.40 1.42 1.45 1.4 1.75 1.78 1.82 1.85 1.88 1.91 1.94 2.00 2.04 2.31 2.10 2.13 2.19 2.16 2.22 2.34 2.38 2.43 2. 47 2.51 2.55 2.59 2.64 2.60 2.72 2.16 2.60 2.45 2.9 2.99 2.99 2.93 3.04 3.09 2.97 3.14 3.20 3.25 3.30 3.36 3.51 3.57 1.62 3.75 3.99 3.65 3.72 3. To 3.84 3.97 4.04 4.18 4.28 4.29 4.35 4.42 4.48 4.20 4. To 4.87 4.94 5.02 9.09 5.IT 4.72 4.81 4.89 5.15 5.23 5.32 5.58 5.66 5.75 5.92 5.32 5.51 5.61 5.71 5.80 9.90 6.00 6.29 6.50 5.92 6.46 6.03 6.67 6.14 6.57 6.8 6.18 7.30 7.22 7.12 7.43 7.54 6.53 6.65 7.00 7.12 7.48 T.AD 7.12 7.96 8.00 8.19 8.31 7.14 1.27 7.40 7.53 7.66 7.19 7.92 8.05 8.18 8.31 8.57 8.70 8.81 9.00 7.74 1.89 8.03 8.17 8.50 9.02 9.16 9.30 9.59 9.73 9.87 8.36 8.51 8.61 8.97 9.12 9.27 9.71 9.13 9.89 10.04 10.20 10.35 10.50 10.66 9.19 9.98 10.12 10.79 10.43 10.97 10.78 10.95 11.11 11.28 11.45 15 9.59 9.76 9.16 10.11 10.29 10.47 10.61 10.A2 11.00 11.1 11.5 11.3 11.1 11.06 12.06 12.24 16 10.20 10.39 10.58 10.71 10.95 11.14 11.)) 11.52 11.11 11.9 17.09 12.212.4 12.5 12.4 13.03 L7 10.82 11.02 11.22 11.42 11.62 11.82 12.02 12.22 12.47 12.67 12.1 13.01 13.23 13.41 13.63 13.83 10 11.45 11.06 11.87 12.08 12.29 12.50 12.12 12.93 13.14 13.35 13.97 11.78 13.99 14.21 14.42 14.64 19 12.07 12.30 12.52 12.7 12.97 13.19 13.41 11.64 13. 14.00 14.11 14.54 14.76 14.9 15.22 15.44 20 12.70 12.93 13.17 13.41 13.64 13.88 14.11 14.35 14.59 14.A2 15.0 15.10 15.5 15.77 11.0i 16.25 21 13.33 13.58 13.82 14.07 14.32 14.57 14.62 15.00 15.31 15.56 15.41 16.06 16.1 16.56 14.81 17.07 22 13.96 14.22 14.48 14.74 15.00 15.26 15.57 19.78 10.04 16.30 11.57 16.11.09 11.16 17.62 17.00 14.59 14.87 15.14 15.41 15.68 19.96 16.23 16.50 16.76 11.09 17.32 17.0 17.04 18.15 11.43 18.70 15.1 15,31 160 16, 18.1 10.55 1.9 1.2 11.51 190 19 18 17 16 61 18, 95 1924 19, 15.67 16.17 16.46 16.76 17.06 17.35 17.63 17.95 18.25 11.59 19.85 19.15 19.45 19.75 20.09 20.36 16.5L 16.82 17.11 17.44 17.15 18.0 18.17 18.6 18.99 19.0 19.62 19.91 20.24 20.56 20.87 21.19 17.15 11.47 17.00 18.12 18.44 16.16 19.09 19.41 19.74 20.04 20.19 20.71 21.04 21.37 21.0 22.02 17.80 18.13 18.47 18.80 19.14 19.47 19.AL 20.15 20.48 20.47 21.16 21.50 21.84 77. IN 72.52 22.46 18.45 18.79 19.14 19.49 19.03 20.18 20.51 20. 21.23 21.58 21.4 22.29 27.64 22.9 23.5 23.70 30 19.10 19.45 19.0 20.17 20.54 20.90 21.26 71.62 21.99 27.5 22.72 73.04 21.45 23.11 24.14 24.55 31 19.75 20.12 20.49 20.7 21.24 21.011.99 22.11 22.74 21.12 21.50 23.44 24.2 24.4 25.02 25.40 20.40 20.79 21.11 21.56 21.9 22.33 22.72 23.11 23.50 73.49 24.28 24.14 25.01 25.46 79.46 21.25 33 21.06 21.4 21.85 22.25 22.65 23.06 23.45 23.8 24.26 74.67 25.01 25.44 25.48 25.79 26.70 27.11 21.72 22.13 22.54 22.95 23.37 23.78 24.19 24.01 25.03 25.44 25.48 20.24 26.70 21.17 27.54 27.97 22.38 22.80 23.23 23.65 24,08 24.51 24.9* 25.36 25.79 26.23 26.66 21.09 21.52 27.9 29.39 20.83 36 23.04 21.48 21.92 24.39 24.40 25.24 29.64 26.12 20.47 21.01 21.4 21.90 28.35 21.0 29.25 29.70 23.TO 24.16 24.61 25.06 25.5! 25.97 26.4226.84 27.14 27.89 24.26 28.77 24.12 79.64 10.10 30.57 24.37 24.04 25.30 25.71 20.24 26.70 27.11 77.64 28.11 28.59 29.0 29.51 30.01 30.49 10.96 11.44 25.04 25.5 26.00 26.48 26.96 27.4 27.92 28.1 28.19 29.38 29.87 30.36 30.85 11.14 25.11 26.20 26.70 27.19 27.09 28.10 25.68 29.10 29.08 90.14 30.64 31.131.69 32.19 12.69 19.20 31.41 12.12 41 26.39 26.99 21.40 27.91 28.41 28.92 29.44 29.5 30.46 10.07 31.49 32.01 32.52 33.04 13.55 14.00 27.06 27.58 28.10 28.62 29.15 29.67 30.19 30.72 31.25 11.78 2.31 12.44 31.17 31.90 34.44 34.97 27.74 28.27 28.81 29.34 29.88 30.42 10.96 31.50 32.04 32.58 21.11 33.67 34.22 34.7 35.31 35.86 28.42 28.97 29.52 30.07 30.62 21.17 31.72 32.28 32.83 33.39 33.5 34.51 35.07 35.6) 16.19 1.76 29.11 29.67 30.23 30.79 31.36 31.92 32.49 33.06 3.6) 34.20 34.77 35.35 35.92 36.50 17.04 17.66 29.79 30.36 30.94 31.52 32.10 32.68 33.26 33.84 34.) 35.01 35.40 36.11 38.78 11.37 37.96 38.56 47 30.48 31.07 31.66 32.25 32.86 33.44 14.03 14.63 35.23 35.83 36.41 17.04 17.04 18.25 18.46 39.46 31.17 31.77 32.37 2.98 33.5934.20 14.81 35.42 36.03 36.65 37.27 37.84 38.50 19.13 14.75 -0.17 4 31.86 32.48 33.09 33.71 34.34 34.96 15.59 36.21 36.84 37.47 99.10 3.74 39.3740.01 0.65 01.29 50 32.55 33.18 33.82 14.45 15.09 35.73 16.37 37.01 37.65 38.10 31.94 39.59 40.24 40.19 41.55 42.20 51 33.25 33.9 34.54 35.1935.84 16.49 17.15 17.81 38.6 39.17 19.19 40.4541.11 41.742.43 43.12 52 33.95 34.61 35.27 35.9) 36.60 37.27 17.94 38.61 39.28 19.96 53 34.65 35.32 35.00 36.69 37.36 38.04 18.72 39.41 40.0 49.79 41.44 42.17 42.47 43.57 44.27 44.97 40.63 41.31 41.99 42.57 43.36 36 35.35 36.04 36.7337.4238.1238.3239.52 0.22 40.92 41.63 42.13 +3.04 43.75 44.47 45.18 45.90 55 36.05 36.76 37.46 3.7 38.8 39.50 40.31 41.03 41.74 42.47 43.19 43.91 46.64 45.37 46.10 46.33 56 36.16 37.48 38.20 38.92 39.65 40.38 41.11 41.34 42.57 41.3144.05 44.79 45.53 46.27 47.62 47.77 57 37.47 38.20 38.94 39.68 40.42 1.16 41.9142.65 43.40 44.15 56 45.65 45.42 47.18 47.94 38.16 38.93 39.68 40.4) 41.19 41.95 42.71 41.47 44.23 45.00 45.17 46.54 41.32 48.09 48.47 49.65 6.71 99 38.89 39.66 0.42 41.19 41.96 42.74 43.51 44.29 45.07 45.5 46.64 47.42 48.7L 49.01 49.80 50.60 39.61 40.39 41.11 41.95 42.74 43.53 14.32 45.11 5.91 45.147.51 48.31 49.12 49.97 $0.73 51.55
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