Scott White purchased a jet ski for $5950, paying $1000 down. The balance was financed...
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Accounting
Scott White purchased a jet ski for $5950, paying $1000 down. The balance was financed for 19 equal monthly payments, and Scott agreed to pay a $633 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):
%
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