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Find the cost of credit when a microwave costs $325 with a down payment of $35 with 15 equal payments of $21

Find the cost of credit when a microwave costs $325 with a down payment of $35 with 15 equal payments of $21
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4 votes
Find the cost of credit when a microwave costs $325 with a down payment of $35 with 15 equal payments of $21

asked
User David Hull
by
8.6k points

1 Answer

4 votes

Answer:

325-10= 315/15 = 21

The credit cost is 35-10 = $25 on top of $325

Explanation:

answered
User Rado Buransky
by
8.3k points
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