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Unformatted text preview: 4 June is buying a new Jeep. It will cost her $23,000 June's credit union is loaning her the money for the truck at an annual percentage rate of 4.9% for 60 months. Calculate June's monthly Jeep payment. 5 Calculate the monthly auto loan payments for the following loan: $22,000, 48 months, 7.2% Annual Percentage rate. 6 Calculate the monthly mortgage payment for the following loan: $155,000, 15 years, 6.75% APR. 7 Calculate the monthly payment for a vehicle that costs $25,000 if you finance 80% of the vehicle over 4 years at an annual percentage interest rate of 6%. 8 Calculate the monthly payments for a $200,000, 20-year fixed-rate mortgage financed at an annual percentage rate of 5.75%....
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This note was uploaded on 06/06/2011 for the course HACE 3200 taught by Professor B during the Spring '09 term at University of Georgia Athens.
- Spring '09