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DenverMade DenverMade
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10 months ago

Jamie purchased $40,500 of equipment for her business with financing provided by the seller. The seller used the add-on method to calculate Jamie's monthly payment for the 6.5% 3-year loan. What are the monthly payment and finance charge for Jamie's loan?

Note: Round your final answers to the nearest cent.
Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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silvermoon197silvermoon197
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10 months ago
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DenverMade Author
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10 months ago
Thank you, thank you, thank you!
kriggs62
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
nadiia
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2 hours ago
Thanks for your help!!
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