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Nancy Martin purchased a home theater system for $5150, paying $750 down. The balance was financed for 18 equal monthly payments, and Nancy agreed
Nancy Martin purchased a home theater system for $5150, paying $750 down. The balance was financed for 18 equal monthly payments, and Nancy agreed to pay a $576 finance charge. Using the annual percentage rate (APR) table, calculate the following. (Round all answers to the nearest hundredth.) 1. Amount financed: $0 2. Annual percentage rate (APR): 0% X
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