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3 years ago

11

john bought a tv that had a list price of $800. he agreed to a payment plan of 12 monthly payments at $80 per month. a) how much

is the finance charge? b) what is the simple interest rate?

1 answer:

Scrat [10]3 years ago

6 0

A) 80 x 12=$960
B) There is a 75% monthly rate

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