Question

Adriano purchased a living room set for $4,308 using an 18-month deferred payment plan with an interest rate of 16.59%. What is the balance after the deferment period if no payments are made? A. $5,022.70 B. $4,308.00 C. $2,342.00 D. $2,767.77

Answer 1

C. I hope this helps!