Calculate the monthly payment from the following information by formula. (Do not round intermediate calculations. Round your answer to the nearest cent.) Number of monthly payments 48 Amount financed $ 4,530 APR 12.0% PMT
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To calculate the monthly payment, we need to know the following information: -The number of monthly payments is 48 -The amount financed is S 4,530 -The APR is 120% Show more…
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