Answered

David wants to purchase a computer for $1399. Since he does not have the cash up front, he enters into an agreement to pay $45 a month for 36 months. Find the total cost and the finance charge for this purchase.



Answer :

regalmocha17

Answer:

Total Cost = $1620

Finance Charge = $221

Step-by-step explanation:

Total cost = number of months x monthly payment

Total cost = $36 x $45

Total cost = $1620

Finance  charge = Total cost - original price

Finance charge = $1620 - $1399

Finance charge = $221

Other Questions