Mathematics, 07.11.2020 17:30 Hcalhoun21
Michael wants to purchase a jeep. The purchase price of the Jeep is $37,000. The
dealership will allow him to pay cash or finance the Jeep with a down payment of
$5,000.00 and 60 monthly payments of $625.00. Michael chose to finance the jeep.
Answer the following questions.
a) What is the amount financed?
b) What is the total amount of monthly payments?
C} What is the amount of the finance charge?
Answers: 2
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Michael wants to purchase a jeep. The purchase price of the Jeep is $37,000. The
dealership will al...
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