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. Total Purchase (Cash) Price Down Payment Amount Financed Monthly Payment Number of Payments Finance Deferred Charge Payment Price $3,200 20% $ $236.00 12
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