If mark bought a plasma TV for $2499 on the installment plan and paid 101.50 for 28 months, how much did he pay in finance charges? A. 343 B. 400 C. 249 D. 101.50

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asked Sep 2, 2024 232k views

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Sasang · Answer 1 · 2024-09-04T17:26:57+0000

Answer:

Explanation:

101.50 x 28 = 2,842.00

Price of TV = 2,499.00

2,842.00 - 2,499.00 = 343.00

$343.00 was paid in finance charges

Vlad Lyga · Answer 2 · 2024-09-07T08:23:49+0000

A) 343.

The finance charges are equal to the total payment - initial cost. The initial cost is $2499. Mark paid (101.50)(28) or $2842

This means Mark paid an extra ($2842-$2499 = $343) in service charges.

If mark bought a plasma TV for $2499 on the installment plan and paid 101.50 for 28 months-example-1

If mark bought a plasma TV for $2499 on the installment plan and paid 101.50 for 28 months, how much did he pay in finance charges? A. 343 B. 400 C. 249 D. 101.50

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If mark bought a plasma TV for $2499 on the installment plan and paid 101.50 for 28 months, how much did he pay in finance charges? A. 343 B. 400 C. 249 D. 101.50​

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If mark bought a plasma TV for $2499 on the installment plan and paid 101.50 for 28 months, how much did he pay in finance charges? A. 343 B. 400 C. 249 D. 101.50