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Tulio Fernandez purchased a treadmill with an installment loan that has an APR of 12%. The treadmill sells for $1,672. The store financing requires a 10% down payment and 12 mon…

Tulio Fernandez purchased a treadmill with an installment loan that has an APR of 12%. The treadmill sells for $1,672. The store financing requires a 10% down payment and 12 mon…
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2 votes
Tulio Fernandez purchased a treadmill with an installment loan that has an APR of 12%. The treadmill sells for $1,672. The store financing requires a 10% down payment and 12 monthly payments. What is the finance charge?

asked
User Eltiare
by
8.0k points

2 Answers

3 votes

22 i think and i hope mostly

answered
User Avatarhzh
by
7.4k points
1 vote

Answer:

98.76

Explanation:

answered
User Satish Thorat
by
7.5k points
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