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Mathematics, 26.05.2020 12:57 20lap01

What are the carrying charges for a $10,000 installment loan with 10% down payment, an APR of 11%, and a 24-month repayment period?

a.) $1,078.28
b.) $1,067.28
c.) $1,185.88
d.) $1,297.63

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Answers: 3

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