Question

Calculate the amount financed, the finance charge, and the monthly payments (in $) for the add-on...

Calculate the amount financed, the finance charge, and the monthly payments (in $) for the add-on interest loan. (Round your answers to the nearest cent.)

Purchase
(Cash)
Price
Down
Payment
Amount
Financed
Add-on
Interest
Number of
Payments
Finance
Charge
Monthly
Payment
$2,000 15% $ 14.5%
30 $ $

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