- 7 Hassan Bought A Car With A Cash Price Of Omr 4 000 He Made A Down Payment Of Omr 500 And Paid Omr 70 Monthly For 5 Y 1 (115.4 KiB) Viewed 27 times
The answer must be computer typed please
7. Hassan bought a car with a cash price of OMR 4,000. He made a down payment of OMR 500 and paid OMR 70 monthly for 5 years (60 months). Compute the following, a. Amount financed b. Total finance charge Deferred payment price d. Annual percentage rate C. 8. Complete the following table Purchase No. price of the product Down Payment Amount financed Number of monthly payments I Amount of monthly payments Total monthly payments Total Finance Charge A 1,500 300 60 25 B 20,000 18,000 48 20,160 5,000 90,000 1400 100,800