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Calculate the amount financed, the finance charge, and the monthly payments (in $) for the add-on interest loan. (Round your answers to the nearest
Calculate the amount financed, the finance charge, and the monthly payments (in $) for the add-on interest loan. (Round your answers to the nearest cent.) Amount Add-on Financed Interest Number of Payments Finance Charge Purchase (Cash) Price Down Payment $50,500 25% $ 37875 10.8% 60 $ X $ Monthly Payment X 13
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