Project #30032 - Busines Mathematics

1.      A used car with a price of $7,880 can be purchased for no money down by making 60 monthly payments of $185.53.  Find (a) the total monthly payments, (b) the total finance charge, and (c) the APR.

2.      Cody Lind purchased a used car for $14,750. He put $2,000 down and financed the rest with a 48-month, 7.5% loan. What is his monthly car payment?

 

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Due By (Pacific Time) 05/05/2014 10:00 am
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