gouldjason11 gouldjason11
  • 17-04-2024
  • Mathematics
contestada

Use an annual percentage rate table to solve the problem.
A restaurant owner purchased a new dishwasher for $4000. She paid 15% down and
financed the balance with a 12-month fixed installment loan with an APR of 8.5%. Determine:
a) down payment
b) amount being financed
c) monthly payment for the loan
d) the total finance charge

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