Obtained a $3,200 installment loan for a marble floor in her foyer. The annual percentage rate is 9%. She must repay the loan in 24 months. Find the (a) monthly using the formula, (b) total amount repaid, and (c) the finance charge
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Home » Mathematics » Obtained a $3,200 installment loan for a marble floor in her foyer. The annual percentage rate is 9%. She must repay the loan in 24 months. Find the (a) monthly using the formula, (b) total amount repaid, and (c) the finance charge