Question

Myra is planning to purchase a recliner that costs $1,490. The installment plan offered at the furniture store requires a 12% down payment and 20 monthly payments of $71 each. What will be the finance charge for the installment plan?

A.
$298.00
B.
$179.80
C.
$108.80
D.
$70.00

Answer 1

What do you think?

Answer 2

ik it aint $70.00

Answer 3

\(\color{#0cbb34}{\text{Originally Posted by}}\) @LjTheBaller16
ik it aint $70.00
\(\color{#0cbb34}{\text{End of Quote}}\)
ok

Answer 4

and b

Answer 5

\(\color{#0cbb34}{\text{Originally Posted by}}\) @LjTheBaller16
and b
\(\color{#0cbb34}{\text{End of Quote}}\)
ok

Answer 6

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Katrin369
\(\color{#0cbb34}{\text{Originally Posted by}}\) @LjTheBaller16
and b
\(\color{#0cbb34}{\text{End of Quote}}\)
ok
\(\color{#0cbb34}{\text{End of Quote}}\)
ur getting closer

Answer 7

the answer is a

Answer 8

\(\color{#0cbb34}{\text{Originally Posted by}}\) @LjTheBaller16
the answer is a
\(\color{#0cbb34}{\text{End of Quote}}\)
not quite its
$108.80

Answer 9

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Katrin369
\(\color{#0cbb34}{\text{Originally Posted by}}\) @LjTheBaller16
the answer is a
\(\color{#0cbb34}{\text{End of Quote}}\)
not quite its
$108.80
\(\color{#0cbb34}{\text{End of Quote}}\)
your doing good keep it up

Answer 10

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Katrin369
\(\color{#0cbb34}{\text{Originally Posted by}}\) @LjTheBaller16
the answer is a
\(\color{#0cbb34}{\text{End of Quote}}\)
not quite its
$108.80
\(\color{#0cbb34}{\text{End of Quote}}\)
U need to further explain why you think the answer is ($108.80),as in explain in some actual calculations