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1. Lloyd and Linda Pearl want to remodel the dining room in their home. The estimated cost for the job is $6,890. They pay 30%

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1. Lloyd and Linda Pearl want to remodel the dining room in their home. The estimated cost for the job is $6,890. They pay 30% of the cost up front and finance the rest at 12% APR for 48 months. a. What is the down payment? b. What is the amount financed? c. What is the monthly payment? d. What is the finance charge

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