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Yoda purchases a light saber for $1,678 with an installment loan that has an APR of 12%. The store financing requires a 15% down payment for 12 monthly payments. What is the fin…

Yoda purchases a light saber for $1,678 with an installment loan that has an APR of 12%. The store financing requires a 15% down payment for 12 monthly payments. What is the fin…
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Yoda purchases a light saber for $1,678 with an installment loan that has an APR of 12%. The store financing requires a 15% down payment for 12 monthly payments. What is the finance charge?

asked
User Overstood
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7.7k points

1 Answer

6 votes

Answer:$2,000

Explanation:

answered
User Giles Thomas
by
8.6k points
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