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5.54 Annual Percentage Rate 5.0% (Finance charge per $100 of amount financed 592 659 709 7 90 948 7.26 871 1163 1054 Nina buys a

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5.54 Annual Percentage Rate 5.0% (Finance charge per $100 of amount financed 592 659 709 7 90 948 7.26 871 1163 1054 Nina buys a new sport utility vehicle for $32,000 She trades in Number her old truck and receives $10,000, which she uses as a down of 4.0% payment. She finances the balance at 45% APR over 48 Payments months. Before making her 12th payment, she decides to pay 30 525 off the loan. Answer parts a) through d) below 6.29 48 19 a) Use the given table to determine the total interest Nina would pay it all 48 payments were made Nina would pay sin interest (Round to the nearest cont as needed) b) What were Nina's monthly payments? Nina's monthly payments were s (Round to the nearest cont as needed) C) How much interest will Nina save by paying off the loan early Nina will save s (Round to the nearest cent as needed) d) What is the total amount due to pay off the loan? The payoff amount is sm (Round to the nearest cont as needed) Enter your answer in each of the answer boxes cary

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