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Mathematics, 12.04.2021 04:00 shadowangel84

James wants to purchase a car. The purchase price of the car is $27,000.00 The dealership will allow him to pay cash or
finance the car with a down payment of $5,000.00 and 60 monthly payments of
$525.00. James chooses to finance the car.
Answer the following questions:
a) What is the amount financed?
b) What is the total amount of monthly payments?
c} What is the amount of the finance charge?

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Answers: 1

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