[Solved] Find the finance charges on a 7.6 percent

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Find the finance charges on a 7.6 percent, 18-month, single-payment loan when interest is computed using the discount method. Assume that the loan amount requested

Find the finance charges on a 7.6 percent, 18-month, single-payment loan when interest is computed using the discount method. Assume that the loan amount requested is $1,000

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