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27 March, 09:07

The cost of a car is $15,570. You plan to make a down payment of $1,500, and a monthly payment of $388.08 for 60 months.

1. What is the amount financed? Answer: B?

2. What is the total repaid? Answer: D?

3. What is the finance charge? Answer: C?

4. What is the total cost that will be paid? Answer: A?

A. $20,285

B. $14,070

C. $21,784

D. $6,214

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Answers (1)
  1. 27 March, 09:16
    0
    1. 15.570-1500 = 14070. Yes it is B
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