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Author Question: Becky bought a big screen TV on installment in 24 months and paid off the loan 4 months early. If ... (Read 230 times)

tsand2

  • Hero Member
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  • Posts: 520
on: Jun 24, 2018
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

  • Guest
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

C


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