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# 1. Calculate the following table for these simple discount notes. Use the ordinary interest method: Purchase Price Down Amount Monthly Total of Total Finance

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# 1. Calculate the following table for these simple discount notes. Use the ordinary interest method: Purchase Price Down Amount Monthly Total of Total Finance Payment Financed Monthly Payment Monthly Charge Payment Amount Payment a. $32,000 $10,000 A22.000 80 $320 b. $299 $100 12 $20.50 c. $999 $200 799 24 $40.00 d. $11,250 $1,250 $350 199 10,000 36

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