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Jon Hall purchased a new CD player on an installment loan. The CD player was $250.00. He agreed to pay $25 a month for 12 months. What is the finance charge in dollars? The fina…

Jon Hall purchased a new CD player on an installment loan. The CD player was $250.00. He agreed to pay $25 a month for 12 months. What is the finance charge in dollars? The fina…
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3 votes
Jon Hall purchased a new CD player on an installment loan. The CD player was $250.00. He agreed to pay $25 a month for 12 months. What is the finance charge in dollars? The finance charge is $.

asked
User StephenPAdams
by
7.8k points

1 Answer

2 votes

Answer:

$50

Explanation:

I got this bc 25*12=300 and 300-250=50

answered
User AntonNiklasson
by
8.0k points
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