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Find the following. (Use the True Annual Interest Rate (APR) table. Round your answers to the nearest cent.) Finance No. of Amount Financed Payments Left Charge Payments $2600 $201 6 12 (a) the refund using the rule of 78 $ (b) the refund using the formula (c) the payoff using the rule of 78 $ (d) the payoff using the formula

Find the following. (Use the True Annual Interest Rate (APR) table. Round your answers to the nearest cent.) Finance No. of Amount Financed Payments Left Charge Payments $2600 $201 6 12 (a) the refund using the rule of 78 $ (b) the refund using the formula (c) the payoff using the rule of 78 $ (d) the payoff using the formula

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Find the following. (Use the True Annual Interest Rate (APR) table. Round your answers to the nearest cent.) Amount Finance Charge $201 No. of Payments Payments Left Financed $2600 12 6 (a) the refund using the rule of 78 $ (b) the refund using the formula $ (c) the payoff using the rule of 78 $ (d) the payoff using the formula $ Adelit! UM-tamil.
Transcribed Image Text:Find the following. (Use the True Annual Interest Rate (APR) table. Round your answers to the nearest cent.) Amount Finance Charge $201 No. of Payments Payments Left Financed $2600 12 6 (a) the refund using the rule of 78 $ (b) the refund using the formula $ (c) the payoff using the rule of 78 $ (d) the payoff using the formula $ Adelit! UM-tamil.
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