Question: This is another question that I am having trouble with. Determine the finance charge per$100 $100borrowed for a3 3-year loan with monthly payments of$473.75 $473.75and
This is another question that I am having trouble with.
"Determine the finance charge per$100
$100borrowed for a3
3-year loan with monthly payments of$473.75
$473.75and a starting principal of$15,000
$15,000. Round your answer to the nearest cent, if necessary."
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