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Mathematics, 14.02.2020 00:55 mbprez6029

You (or your parents) purchase a new car for $19.725.00 plus 4.75% sales tax. The down payment is $2.17500 and you for your parents) have an average credit rating Use the table
below to determine how much interest is accrued after the first month.
Credit
Excellent
Good
Secured
APR (%)
4.80
5.15
5.85
7.00
8.20
Unsecured
APR (%)
5.25
5.65
6.20
Average
Fair
Poor
$74.18
$195.16
$90.12
$121.09

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You (or your parents) purchase a new car for $19.725.00 plus 4.75% sales tax. The down payment is $2...
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