03-04-2024
Mathematics

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Jim Lewis purchased a jet ski for $4900, paying $500 down. The balance was financed for 21 equal monthly payments, and Jim agreed to pay a $502 finance
charge. Using the annual percentage rate (APR) table, calculate the following. (Round all answers to the nearest hundredth.)
1. Amount financed:
2. Annual percentage rate (APR):
0%

Jim Lewis purchased a jet ski for 4900 paying 500 down The balance was financed for 21 equal monthly payments and Jim agreed to pay a 502 finance charge Using t class=

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