Author Question: Becky bought a big screen TV on installment in 24 months and paid off the loan 4 months early. If ... (Read 243 times)

tsand2

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Becky bought a big screen TV on installment in 24 months and paid off the loan 4 months early. If Becky agreed to pay 210 in finance charges, what is the interest refund?
 A) 70.00
  B) 36.20
  C) 25.20
  D) 7.00

Question 2

Mica bought a grandfather clock on installment with a down payment of 150 and 18 payments of 46.87. What is the installment price?
 A) 693.66
  B) 843.66
  C) 993.66
  D) 1,143.66



iceage

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Answer to Question 1

A

Answer to Question 2

C



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