Mathematics, 12.05.2021 04:20 Will1119
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Landon Wallin is an auto mechanic who wishes to start his own business. He will need $4000 to purchase tools and equipment. Landon decides to finance the purchase with a 36 -month fixed installment loan with an APR of 5.5 %.
a) Determine Landon's finance charge.
b) Determine Landon's monthly payment.
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