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Jamie needs a new roof on her house. The cash cost is $ 5 9 0 0 . She decides to finance the project by
Jamie needs a new roof on her house. The cash cost is $ She decides to finance the project by paying down with the balance paid in monthly payments of $
a What finance charge will Jamie pay?
b What is the APR to the nearest half percent?
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Part
a The finance charge is $
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Part
b The APR is
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