Question: Note: Round all answers to the nearest cent when necessary. Calculate the amount financed, the finance charge, and the total deferred payment price (in
Note: Round all answers to the nearest cent when necessary. Calculate the amount financed, the finance charge, and the total deferred payment price (in $) for the following installment loan. Purchase (Cash) Price Down Payment Amount Financed Monthly Payment Number of Payments Finance Charge $3,200 20% $ 2560 $237.00 12 $ 284 *. Total Deferred Payment Price X Enter a number.
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