A Hepplewhite sofa costs $3,780 in cash. Jaquanna Wilson will purchase the sofa in 36

Chapter 12, Problem 12

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A Hepplewhite sofa costs $3,780 in cash. Jaquanna Wilson will purchase the sofa in 36 monthly installment payments. A 13% per year finance charge will be assessed on the amount financed. Find the finance charge, the installment price, and the monthly payment.

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