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What finance charge will jamie? pay?

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Question: Jamie needs a new roof on her house. The cash cost is ?$5900 . She decides to finance the project by paying 14.0 ?% ?down, with the balance paid in 12 monthly payments of ?$438. Round to nearest cent.

?a) What finance charge will Jamie? pay? ?

b) What is the APR to the nearest half? percent?

Reference no: EM133496553

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