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Pete Size Read the Following Partial Advertisement: Price $20,999; Down

question 55

Short Answer

Pete Size read the following partial advertisement: Price $20,999; down payment $1,000; cash or trade; $390.85 per month for 60 months. Calculate (A) the total finance charge and (B) the APR.


Definitions:

Male Breast

Tissue found on the chest of males that can develop similarly to female breasts under certain conditions, though typically less pronounced.

Female Breast

A pair of mammary glands on the chest of women and female mammals, which can produce milk to feed infants.

Anus

The opening at the end of the digestive tract through which feces exits the body.

Rectum

The final section of the large intestine, terminating in the anus, where feces are stored before evacuation.

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