Asked by Alarena
please check my answer thanks :)
Mark has a finance charge on a loan of $984.00 based on the information below what is the total deferred payment price.
price of loan is $4,200 Mark is going finance his purchase with a two-year installment plan with a 12% down payment and 24 equal payments of $195.00
I got 4,680 I am not to sure
Mark has a finance charge on a loan of $984.00 based on the information below what is the total deferred payment price.
price of loan is $4,200 Mark is going finance his purchase with a two-year installment plan with a 12% down payment and 24 equal payments of $195.00
I got 4,680 I am not to sure
Answers
Answered by
Ms. Sue
Yes. $4680 is correct.
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