The monthly payment for this purchase with a price of $450, a finance charge of $82.50, a down payment of $150, and 18 monthly payments is <u>c.) $21.25</u>.
<h3>What is the monthly payment?</h3>
The monthly payment is the periodic payment made to settle a mortgage loan.
When the total mortgage payment is determined, the monthly payment can be calculated as the dividend of the total mortgage payment and the number of monthly payments.
<h3>Data and Calculaitons:</h3>
Purchase Price: $450
Finance Charge: $82,50
Down Payment: $150
Number of Payments: 18
Total mortgage payment = $382.50 ($450 + 82.50 - 150)
Monthly payment = $21.25 ($382.50/18)
Thus, the monthly payment for this purchase with a price of $450, a finance charge of $82.50, a down payment of $150, and 18 monthly payments is <u>c.) $21.25</u>.
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Answer:
$891.3
Step-by-step explanation:
686 x 1.3 = 891.3
Answer:
А
2511
Step-by-step explanation:
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