Question
From this partial advertisement: Used Car #43892 $66.38 per month for 60 months cash price:$3,000 down payment:$50 a. Calculate the amount financed. Amount financed $
From this partial advertisement:
Used Car #43892
$66.38 per month for 60 months
cash price:$3,000
down payment:$50
a. Calculate the amount financed.
Amount financed $
b.Calculate the finance charge. (Do not round intermediate calculations. Round your answer to the nearest cent.)
Finance change $
c.Calculate the deferred payment price. (Do not round intermediate calculations. Round your answer to the nearest cent.
Deferred payment price $
d.Calculate the APR by formula. (Do not round intermediate calculations. Round your answer to the nearest tenth percent.)
APR by formula %
e.Calculate the monthly payment (by formula). (Do not round intermediate calculations. Round your answer to the nearest cent.)
Monthly payment by formula $
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