Business
Business, 13.08.2020 16:01, abecobos37

Mr. and Mrs. Chan want to buy furniture that has a cash price of $3450. On the installment plan they must pay 25% of the cash price as a down payment and make six monthly payments of $437. What finance charges must the Chans pay and what is the APR to the nearest half percent?

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Mr. and Mrs. Chan want to buy furniture that has a cash price of $3450. On the installment plan they...

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