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OpenStudy (anonymous):
On April 30, Patricia Wood purchased a new automobile. The price was $20,900 cash, or $1500 down plus 48 monthly payments of $436 each. Patricia decided to finance the automobile for months. Based on the above information, calculate the following. (a) Amount financed: $ (b) Total amount of the monthly payments: $ (c) Finance charge: $ (d) Deferred payment price: $
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