Tim Worker decided to purchase a new DVD player on an installment loan. The DVD player was $295.00. Tim agreed to pay $31.00 per
month for 12 months. What is the finance charge in dollars?
A. 77.00
B. 218.00
C. 295.00
D. 372.00
1 answer:
Hi there
Total paid
31×12
=372
finance charge
372−295
=77
Hope it helps
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