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13 February, 07:01

Amount financed is equal to: Cash price times down payment Cash price plus down payment Cash price minus down payment Cash price divided by down payment None of these

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  1. 13 February, 07:03
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    The answer is Cash Price Minus Down Payment

    For Example if you want to Borrow $ 10,000 for Loan, and for that you have to pay for a $500 Down Payment.

    The amount financed is 10,000 - 500 = $ 9,500
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