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21W_FIN2303_320 Introduction to Finance SAHIBPREET SEMBHI & I 04/0 Test: TVM - Test 2 - Winter 2021 Time Remaining 00.444 This Question: 2 pts 1

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21W_FIN2303_320 Introduction to Finance SAHIBPREET SEMBHI & I 04/0 Test: TVM - Test 2 - Winter 2021 Time Remaining 00.444 This Question: 2 pts 1 7 of 15 (5 complete) This Test The price of a stainless steel freezer refrigerator is 52 316.24 To own the refrigerator, you must make beginning-of-month payments of $26.00 and one final lump-sum payment at the very end of the term in order to pay off the balance outstanding. The manufacturer offers a 60-month term at a rate of 6.9% AP buyout at the end of the term? The buyout at the end of the term is s (Round to the nearest cent as needed)

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