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Sammy wants to buy a new stereo priced at $413. He enters into an agreement to pay $20 a month for 24 months. How much will the finance charge be for this purchase?

Sammy wants to buy a new stereo priced at $413. He enters into an agreement to pay $20 a month for 24 months. How much will the finance charge be for this purchase?
asked 61.8k views
20 votes
Sammy wants to buy a new stereo priced at $413. He enters into an

agreement to pay $20 a month for 24 months. How much will the finance
charge be for this purchase?

asked
User Cynthia Simiyu
by
8.1k points

1 Answer

9 votes

Answer:

$840

Explanation:

20×24=840 so you divide $20 and 24 months and get 840

answered
User Yasin Patel
by
9.0k points
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