Find the following. (Use the True Annual Interest Rate (APR) table. Round your answers to the nearest cent.) Amount Financed Finance Charge No. of Payments Payments Left $2900 $224 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

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Find the following. (Use the True Annual Interest Rate (APR) table. Round your answers to the nearest cent.)

Amount Financed Finance Charge No. of Payments Payments Left
$2900 $224 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
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