AÂ loan is made for $4800 with an APR of 12% and payments made month – McqOptions

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1.	AÂ loan is made for $4800 with an APR of 12% and payments made monthly for 24 months. What is the payment amount? What is the finance charge?
A.	622.8
B.	522.8
C.	322.8
D.	632.8
Answer» B. 522.8

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