sierraaddison19 sierraaddison19

14-10-2022
Mathematics

Answered

Jennifer Siegel bought a new Ford Focus for $16,900. She made a down payment of $4225 and she financed the balance at $490.10 a month for 5 years. Jennifer decided to pay off her loan at the end of 4 years. Find the finance charge, the unearned interest using the Rule of 78, and payoff amount.

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