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1. (8 points) SJ wishes to purchase an ATV at a cost of $5,600. The store has an advertised finance option of no down payment

1. (8 points) SJ wishes to purchase an ATV at a cost of $5,600. The store has an advertised finance option of no down payment and 5.0% APR for 60 months. (a) (4 points) Determine the finance charge. (b) (4 points) Determine SJ's monthly payment

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