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FUL Get a similar questi > Next question An electrician buys a Ford Transit Cargo van for $48,000. After making a $7,000 down payment, she

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FUL Get a similar questi > Next question An electrician buys a Ford Transit Cargo van for $48,000. After making a $7,000 down payment, she finances the balance at an APR of 6% for 60 months (5 years). (a) Determine the monthly loan payment. Monthly loan payment: $ 792.64 of (b) After 48 payments, the electrician decides to pay off the loan early. Use the Rule of 78 to determin the finance charge rebate. Finance charge rebate: $ (c) Use the answer to partb) to calculate the loan payoff amount. Loan payoff amount: $ FUL Get a similar questi > Next question An electrician buys a Ford Transit Cargo van for $48,000. After making a $7,000 down payment, she finances the balance at an APR of 6% for 60 months (5 years). (a) Determine the monthly loan payment. Monthly loan payment: $ 792.64 of (b) After 48 payments, the electrician decides to pay off the loan early. Use the Rule of 78 to determin the finance charge rebate. Finance charge rebate: $ (c) Use the answer to partb) to calculate the loan payoff amount. Loan payoff amount: $

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