Mathematics, 26.04.2021 22:20 bestkitty2588
Landon Wallin is an auto mechanic who wishes to start his own business. He will need $5000 to purchase tools and equipment. Landon decides to finance the purchase with a 36-month fixed installment loan with an APR of 5.5%.
a) Determine Landon's finance charge.
b) Determine Landon's monthly payment.
Answers: 1
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