rick49731
05.05.2020 •
Mathematics
Harry Dixon is purchasing a new refrigerator with an installment loan that has an APR of 18%. The refrigerator sells for $989.99. He agrees to make a 20% down payment and 12 monthly payments. What is the finance charge?
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Ответ:
1.- Made an initial payment of $ 49.95.
2.- And I pay 12 monthly installments, each of $ 78.34
Step-by-step explanation:
He 20% of 989.99 is: 49.95
And 989.99 minus 49.95 is: 940.04
Finally 940.04 divided by 12 is: 78.34
Ответ:
no
Step-by-step explanation: