MSRP or List Price Discount Purchase Price Freight Tire/Air Tax Gas Tax Administration Fee Taxable Subtotal Trade-in Allowance Taxable Total HST (13%) Licence Plate Fee Deal Review (New car) Gas Fee Lien Payout Delivery Price MFG Rebate Down Payment Finance Fee Amount Financed Interest Rate Loan Term Monthly Payment Interest Due (at. Balance Due 21,977 500 21,477 660 100 75 85 22.397 22,397 2911.61 74 4 _%) 20 6 25140261 6 54 25,456 6.9010 418 months
MSRP or List Price Discount Purchase Price Freight Tire/Air Tax Gas Tax Administration Fee Taxable Subtotal Trade-in Allowance Taxable Total HST (13%) Licence Plate Fee Deal Review (New car) Gas Fee Lien Payout Delivery Price MFG Rebate Down Payment Finance Fee Amount Financed Interest Rate Loan Term Monthly Payment Interest Due (at. Balance Due 21,977 500 21,477 660 100 75 85 22.397 22,397 2911.61 74 4 _%) 20 6 25140261 6 54 25,456 6.9010 418 months
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.3C
Related questions
Question
Hi I need help finding the monthly payment I think I have the right formula but dont know how to solve it
![ook.office.com/mail/inbox/id/AAQkADImYWNmMzM2LWU2NTMENGVINS1hZmNILWM4NjBmNjJiZmQ1ZQAQAMwa5mEBEM9H
gian Outlook O Search
4-2023 20.44.pdf
Download Print
MSRP or List Price
Discount
Purchase Price
Freight
Tire/Air Tax
Gas Tax
Administration Fee
Taxable Subtotal
Trade-in Allowance
Taxable Total
HST (13%)
Licence Plate Fee
LL
Module 5 Case Study 1
Deal Review (New car)
Gas Fee
Lien Payout
Delivery Price
MFG Rebate
Down Payment
Finance Fee
Amount Financed
Interest Rate
Loan Term
Monthly Payment
Interest Due (at_
Balance Due
21,977
500
21,477
660
100
75
Save to OneDrive
85
22,397
0
22,397
2911-61
74
Lawrence Widdifield - Lawrence. Wid...
ACE Chemistry Static (AA... Mon 3/27
Q Search
ONGOING DEMONSTRATION
hs
_%)
20
6
251 40261
6
amen - Outlook
54
25,256
6.9010
418 months
4
x](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0b708563-5b0b-48a0-87b8-404b78fa66c6%2Fcd4733b8-691b-4c0b-b861-a330e2527f57%2Fd2ie7iw_processed.jpeg&w=3840&q=75)
Transcribed Image Text:ook.office.com/mail/inbox/id/AAQkADImYWNmMzM2LWU2NTMENGVINS1hZmNILWM4NjBmNjJiZmQ1ZQAQAMwa5mEBEM9H
gian Outlook O Search
4-2023 20.44.pdf
Download Print
MSRP or List Price
Discount
Purchase Price
Freight
Tire/Air Tax
Gas Tax
Administration Fee
Taxable Subtotal
Trade-in Allowance
Taxable Total
HST (13%)
Licence Plate Fee
LL
Module 5 Case Study 1
Deal Review (New car)
Gas Fee
Lien Payout
Delivery Price
MFG Rebate
Down Payment
Finance Fee
Amount Financed
Interest Rate
Loan Term
Monthly Payment
Interest Due (at_
Balance Due
21,977
500
21,477
660
100
75
Save to OneDrive
85
22,397
0
22,397
2911-61
74
Lawrence Widdifield - Lawrence. Wid...
ACE Chemistry Static (AA... Mon 3/27
Q Search
ONGOING DEMONSTRATION
hs
_%)
20
6
251 40261
6
amen - Outlook
54
25,256
6.9010
418 months
4
x
![earch
X G heat miami - Google Search
eorgian Outlook O Search
er 03-24-2023 20.44.pdf
CO
outlook.office.com/mail/inbox/id/AAQkADImYWNmMzM2LWU2NTMENGVINS1hZmNiLWM4NjBmNjJiZmQ1ZQAQAM
17 No-brate in, hin payout
Download Print
8
X
Georgian College: Accelerate you X
27 Purchase
price
37 Tarable subtutal = 21,477 +660 + 100 + 75185 = 22, 397
4) Taxable Total =
LL
Save to OneDrive
or MFG Rebate
= 21,977 -500: 21,477
5) HST 0.13 X 22 397 = 2,911.61
67 Deliory fee = 2²,397 + 2911.61 + 14+ 20+ 0
=35,402.61
25,456 PMTY-
22,397-022,397
27 Amaint finanus = 25₁402 - 0-0 + 54
= 25,456
1
1403413/2
Lawrence Widdifield - Lawrence.Wid...
ACE Chemistry Static (AA... Mon 3/27
Q Search
CEST"
+
12
1-
Mail-Bose Okpamer
10.0647 1²/1/2
It 12
HH](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0b708563-5b0b-48a0-87b8-404b78fa66c6%2Fcd4733b8-691b-4c0b-b861-a330e2527f57%2Frxvyqi_processed.jpeg&w=3840&q=75)
Transcribed Image Text:earch
X G heat miami - Google Search
eorgian Outlook O Search
er 03-24-2023 20.44.pdf
CO
outlook.office.com/mail/inbox/id/AAQkADImYWNmMzM2LWU2NTMENGVINS1hZmNiLWM4NjBmNjJiZmQ1ZQAQAM
17 No-brate in, hin payout
Download Print
8
X
Georgian College: Accelerate you X
27 Purchase
price
37 Tarable subtutal = 21,477 +660 + 100 + 75185 = 22, 397
4) Taxable Total =
LL
Save to OneDrive
or MFG Rebate
= 21,977 -500: 21,477
5) HST 0.13 X 22 397 = 2,911.61
67 Deliory fee = 2²,397 + 2911.61 + 14+ 20+ 0
=35,402.61
25,456 PMTY-
22,397-022,397
27 Amaint finanus = 25₁402 - 0-0 + 54
= 25,456
1
1403413/2
Lawrence Widdifield - Lawrence.Wid...
ACE Chemistry Static (AA... Mon 3/27
Q Search
CEST"
+
12
1-
Mail-Bose Okpamer
10.0647 1²/1/2
It 12
HH
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