Question:

Your friend just purchased a new sports car for $32,000. He

Last updated: 7/26/2022

Your friend just purchased a new sports car for $32,000. He

Your friend just purchased a new sports car for $32,000. He received $6,000 for his trade in and he used that money as a down payment for the new sports car. He financed the vehicle at 6.76% APR over 48 months with a monthly payment of $619.15. Determine, from the given information, the finance charge. (A) $3,719.20 (B) $5,476.10 (C) $4,610.64 (D) $6,000