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Send bought a $2,300 bobsled on the installment plan. He makes a $450 down payment, and he has to make monthly payments is $93.50 for the next two years. How much interest will …

Send bought a $2,300 bobsled on the installment plan. He makes a $450 down payment, and he has to make monthly payments is $93.50 for the next two years. How much interest will …
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3 votes
Send bought a $2,300 bobsled on the installment plan. He makes a $450 down payment, and he has to make monthly payments is $93.50 for the next two years. How much interest will pay?

asked
User Noohone
by
8.4k points

1 Answer

2 votes
Down payment: $450
Monthly payment amount: $450+$224=$2694

$2694-$2300= $394
answered
User Salah Alshaal
by
8.7k points
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