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Partially Correct Your answer is incorrect. Annual percentage rate (APR): Your answer is incorrect. Barbara Kelly purchased a jet ski for $4450, paying $ 250
Partially Correct Your answer is incorrect. Annual percentage rate (APR): Your answer is incorrect. Barbara Kelly purchased a jet ski for $4450, paying $ 250 down. The balance was financed for 23 equal monthly payments, and Barbara agreed to pay a $498 finance charge. Using the annual percentage rate (APR) table, calculate the following. (Round all answers to the nearest hundredth.) 1. Amount financed: $4200 5 ? 2. Annual percentage rate (APR): 0 % Eric Taylor invested $1000 twice a year in an annuity due at Midwest Investments for a period of 4 years at an interest rate of 10% compounded semiannually. Using the ordinary annuity table, calculate the total value of the annuity due at the end of the 4-year period. $] 5
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