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Jamie needs a new roof on her house. The cash cost is $5500. She decides to finance the project by paying 6.0% down, with the
Jamie needs a new roof on her house. The cash cost is $5500. She decides to finance the project by paying 6.0% down, with the balance paid in 36 monthly payments of $156. What finance charge will Jamie pay, and what is the APR to the nearest half percent
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