Calculate the amount financed and the finance charge

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Reference no: EM13920066

Chan Chin bought a used Lexus ES300 priced at $25,750, a $2,600 down payment was made. The loan was for 36 months with monthly payments of $767. From this information, calculate (a) the amount financed, (b) the finance charge, (c) the deferred payment price, and (d) APR using the table. (Use table in the Business Math Handbook.)

Reference no: EM13920066

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