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From this partial advertisement: $86.83 per month for 60 months $3,700 used car cash price $50 down payment a. Calculate the amount financed. Answer is
From this partial advertisement: $86.83 per month for 60 months $3,700 used car cash price $50 down payment a. Calculate the amount financed. Answer is complete and correct. b. Calculate the finance charge. Note: Round your answer to the nearest cent. Answer is complete and correct. c. Calculate the deferred payment price. Note: Round your answer to the nearest cent. Answer is complete and correct. d. Calculate the APR by (Use Table 14.1.) Note: Round your answers to 2 decimal places. Answer is complete but not entirelv correct. Loan amortization table (monthly payment per $1,000 to pay principal and interest on installment loan)
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