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Tim Worker buys a new sofa for $549.95. He pays 20% down and takes an installment loan to complete the purchase. He makes 12 payments which include his principal and a $50.00 finance charge. What is the APR on his loan? The down
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Tim Worker buys a new sofa for $629.95. He pays 25% down and takes an installment loan to complete the purchase. He makes 12 payments which include his principal and a $60.00 finance charge. What is the APR on his loan to the
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mary smith purchased a new car for $28,750. she made a 15% down payment and financed the balance at her bank for 3 years. what payments are required at the end of every month, at 18% interest, to pay off the loan?
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Determine the down payment and the amount to be financed for each home described below.(a) $460,460; 10% down The amount to be financed is $ The down payment is $ (b) $730,000; 20% down The amount to be financed is $ The down
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Determine the down payment and the amount to be financed for each home described below. (a) $360,360; 10% down The down payment is $ 1 The amount to be financed is $ 2 (b) $960,000; 20% down The down payment is $ 3 The amount to
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