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Given: $140.10 per month; cash price $5,600; down payment $0; 60 payments; amount financed ...

atomicyoyo

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Given: $140.10 per month; cash price $5,600; down payment $0; 60 payments; amount financed ...

Given: $140.10 per month; cash price $5,600; down payment $0; 60 payments; amount financed $5,600

Finance charge $2,806

Total payments $8,406

The APR is:

Note: Round your answer to the nearest cent.

▸

17%

▸

18 %

▸

16%

▸

15%

Textbook

Math for Business and Finance: an Algebraic Approach

Edition: 3^rd

Author: Slater

Read 28 times

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dreamnluv

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More solutions for this book are available here

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atomicyoyo Author

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5 months ago

Helped a lot

Transonic

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

jasonbourne

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Correct

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