elizediax6421
elizediax6421
18.05.2021 • 
Mathematics

Henry want to purchase a new drum set for $1,685. He speaks to the salesperson at the store who suggests that he buy the item on an installment plan. It requires a 20% down payment. The remainder, plus an additional finance charge, is paid back on a monthly basis for the next two years. The monthly payment is $58. What is the finance charge?​

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