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Score: 0 of 1 pt 1 of 1 (1 complete) HW Score: 0%, 0 of 1 pt X 4.LO4.4 (Static) Question Help 0 The price
Score: 0 of 1 pt 1 of 1 (1 complete) HW Score: 0%, 0 of 1 pt X 4.LO4.4 (Static) Question Help 0 The price of a stainless steel, freezer refrigerator is $2,649.43. To own the refrigerator, you must make beginning-of-month payments of $31.00 and one final lump-sum payment at the very end of the term in order to pay off the balance outstanding. The manufacturer offers a 60-month term at a rate of 6% APR. What is the buyout at the end of the term? The buyout at the end of the term is $2. (Round to the nearest cent as needed.)
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