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Ilonjo2lashrosen1ish
Ilonjo2lashrosen1ish Ilonjo2lashrosen1ish
  • 27-06-2016
  • Mathematics
Answered

john bought a tv that had a list price of $800. he agreed to a payment plan of 12 monthly payments at $80 per month. a) how much is the finance charge? b) what is the simple interest rate?

Verified Answer :

Jisallyouget
Jisallyouget Jisallyouget
  • 27-06-2016
A80 x 12=$960
B) There is a 75% monthly rate
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