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Frank Wood purchased a bedroom set for $500, paying $750 down. The balance was financed for 24 equal monthly payments, and Frank agreed to pay

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Frank Wood purchased a bedroom set for $500, paying $750 down. The balance was financed for 24 equal monthly payments, and Frank agreed to pay a $22 finance charge, Using the ennual percentege rate (APR) toble, calculate the following. (Round all answers to the nearest hundredth.) 1. Amber finenced

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