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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
النسخة 7الرقم المعياري الدولي: 978-1285448596Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
النسخة 7الرقم المعياري الدولي: 978-1285448596 تمرين 80
Charlie Allen financed a $3,500 Nautilus home gym with an 8% add-on interest installment loan for 24 months. The loan required a 10% down payment.
a. What is the finance charge on the loan?
b. What are Charlie's monthly payments?
c. What annual percentage rate is being charged on the loan?
d. If Charlie decides to pay off the loan after 16 months, what is his loan payoff?
a. What is the finance charge on the loan?
b. What are Charlie's monthly payments?
c. What annual percentage rate is being charged on the loan?
d. If Charlie decides to pay off the loan after 16 months, what is his loan payoff?
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The given data is the purchase price is ...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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