Answer:
Step-by-step explanation:
The cost of the mountain bike is $650.00 with 75% down payment. The down payment that he needs to produce is $487.50. He needs to pay an additional of 12 payments, $24.38 each. This will be added to the money that he needs to pay. The total amount paid is:
$24.38 * 12 payments + $487.50 = $780.06
Someone help find the finance charge!!!
Answer:
650×0.75+24.38×12=780.06
The finance charge in dollars is
780.06−650=130.06
Step-by-step explanation: