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MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Solve the problem. 1) Find the installment price of a

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MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Solve the problem. 1) Find the installment price of a laptop computer bought on the installment plan with $105 down and 36 payments of $36,74. 1) A) 51044.99 B) $1322.64 C) $1427.64 D) $105 2)Theinstallmentpriceofawatchis$315.36with6monthlypaymentsandadownpaymentof$15.2) A) $34.61 B) $16.36 C) $270.36 D) $45.06 Find the annual percentage rate using the table. 3) Eileen purchased a sofa for $640 and financed it for 17 months. The total finance charge was 3) \$101.44. Find the annual percentage rate. A) 20.50% B) 20.00% C) 20.75% D) 20.25% Solve the problem. 4) Patricia took out a loan for for an expensive sports car. The total interest for the 36 month loan was $23,090. Find the interest which will be refunded if she pays the loan in full with 4 payments remaining. A) $366.51 B) $346.70 C) $219.90 D) $208.02

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