shawanaocarter shawanaocarter
  • 17-04-2024
  • Mathematics
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Jack Fitzgerald wishes to purchase a used car that has a cash price of ​$11,000. The installment terms include a down payment of ​$4,000 and 36 monthly payments of ​$223.
​a) What finance charge will Jack​ pay?
​b) What is the APR to the nearest half​ percent?

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