Ed Sloan bought a new Explorer for $22,000. He put down $7,000 and paid $290 for 60 months. The total finance charge to Ed is: Multiple Choice None of these $4,200 $15,000 $17,400 $2,400

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Ed Sloan bought a new Explorer for $22,000. He put down $7,000 and paid $290 for 60 months. The total finance charge to Ed is:
Multiple Choice
None of these
$4,200
$15,000
$17,400
$2,400
( Prev
13 of 20
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Transcribed Image Text:apps% Ed Sloan bought a new Explorer for $22,000. He put down $7,000 and paid $290 for 60 months. The total finance charge to Ed is: Multiple Choice None of these $4,200 $15,000 $17,400 $2,400 ( Prev 13 of 20 Next > **** ** *******
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