Zachery Porter of Abilene is contemplating borrowing $10,000 from his bank. The bank could use the add on method to compute borrowing options. Calculate the finance charge and monthly payment for thke following 6.5% and 3 years.

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Q: Zachary Porter of Abilene, Kansas, is contemplating borrowing $10,000 from his bank. The bank could…

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Q: Zachary Porter of Abilene, Kansas, is contemplating borrowing $10,000 from his bank. The bank could…

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Q: Zachary Porter of Abilene, Kansas, is contemplating borrowing $10,000 from his bank. The bank could…

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