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Pat Radigan is planning to buy a Toyota hybrid for $18,749 with $1,500 down and...

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Accounting

Pat Radigan is planning to buy a Toyota hybrid for $18,749 with $1,500 down and plans to finance the car. Citizens' Financial
Bank quoted a finance charge at 8.5% for 48 months; Charter One Bank quoted him a finance charge at 8% for 60 months.
a. What would be his monthly payment to Citizens' Financial Bank? (Do not round intermediate calculations. Round your
answer to the nearest cent.)
Monthly payment
b. What would be his monthly payment to Charter One Bank? (Do not round intermediate calculations. Round your
answer to the nearest cent. )
Monthly payment
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