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Emma Weber purchased a bedroom set with an installment loan that has an APR of 12%. The bedroom set sells for $2,650. The store financing requires a 15% down payment and 42 monthly payments. What is the finance charge I did 2,6508*(1-.15)=2,252.5 financed then divided by 100= 22.525 42 months *22.53 groups* 2.93 per group = 2,772.54 minus principle 2,525.5 = 247.04 but it's incorrect
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