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Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454 Exercise 39
Calculate the amount financed, the finance charge, and the monthly payments for the following add-on interest loans. Calculate the finance charge, the finance charge per $100, and the annual percentage rate for the following installment loans by using the APR table, Table 13-1.
Explanation
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Given data:
The amount financed is $17,...
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
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