Question
Sally Snead found a Honda Accord for $35,500 that she wanted to buy. She decided to put a down payment of $10,000 on the car
Sally Snead found a Honda Accord for $35,500 that she wanted to buy. She decided to put a down payment of $10,000 on the car and borrow the rest from her local bank. The bank loaned her the money for 72 months with the monthly payment of $380.
1) What was the amount financed?
2) What was the total of all monthly payments?
3) What was the total finance (interest) charge?
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1 Amount financed down payment 72 mounth...
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Business Law Principles and Practices
Authors: Arnold J. Goldman, William D. Sigismond
9th edition
1133586562, 978-1285632995, 1285632990, 978-1285675367, 978-1133586562
