Macon Steinberg purchased a motor scooter with an installment loan that has an APR of 16 percent. The motor scooter sells for $1

Question

3 years ago

9

Macon Steinberg purchased a motor scooter with an installment loan that has an APR of 16 percent. The motor scooter sells for $1

,687. The store financing requires a 20 percent down payment and 30 monthly payments.
What is the down payment?
What is the amount of the loan?
What is the monthly payment?
What is the total amount repaid?
What is the finance charge?

Mathematics

1 answer:

nikitadnepr [17] · Answer 1 · 2022-02-09T20:42:18+03:00

nikitadnepr [17]3 years ago

3 0

Answer:

wow i have the same qustion

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