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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 cent.)
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.)
| Purchase (Cash) Price | Down Payment | Amount Financed | Add-on Interest | Number of Payments | Finance Charge | Monthly Payment |
|---|---|---|---|---|---|---|
| $50,700 | 25% | $ | 13.2% | 60 | $ | $ |
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Accounting Ethics Education Making Ethics Real
Authors: Alberto J. Costa, Margarida M. Pinheiro
1st Edition
1032019999, 9781032019994
