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The purchase ( cash ) price is $ 5 0 , 5 0 0 and the down payment is 2 5 % , the amoubt

The purchase (cash)price is $50,500 and the down payment is 25%, the amoubt financed is $37,875 and thr add on interest is 11.6% the number of payments is 60 what is the finance charge and what is the monthly payment?

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