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SHOW WORK FOR CREDIT: Given information for a used vehicle purchase: $ 1 6 5 per month for 4 8 months; cash price $ 5
SHOW WORK FOR CREDIT: Given information for a used vehicle purchase:
$ per month for months; cash price $; down payment $ cash
amount financed
Finance charge
Total payments
Use the tables in the handbook. And what was the APR by table lookup? Does the rate sound reasonable? In not, what might be some reasons for it
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