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Mathematics, 13.10.2020 20:01 tremainecrump1466

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?

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