Finance charge and deferred payment price

timer Asked: Jun 22nd, 2015

Question Description

On August , John Ward purchased a new automobile. The price was  cash, or  down plus  monthly payments of  each. John decided to finance the automobile for  months.

 what are the 

(a) Amount financed:
(b) Total amount of the monthly payments:
(c) Finance charge:
(d) Deferred payment price:

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