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)PriceDownPaymentAmountFinancedMonthlyPaymentNumber ofPaymentsFinanceChargeTotalDeferredPaymentPrice$3,20020%$ $236.0012$ $

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