selinaguillenj15
selinaguillenj15 selinaguillenj15
  • 01-04-2022
  • Mathematics
contestada

Julie buys a new TV priced at $650 and agrees to pay $63.45 a month for 14 months. How much is the finance charge for this purchase?

Respuesta :

jeremiasperdomo456
jeremiasperdomo456 jeremiasperdomo456
  • 01-04-2022

Answer:

63.45 x 14=888.3

888.3 + 650 = 1,538.3

Answer Link
reinhard10158
reinhard10158 reinhard10158
  • 01-04-2022

Step-by-step explanation:

so, if paid in cash right away, it would cost $650.

if financed the TV then costs 14×$63.45 = $888.30

the charge (including interest) to finance the purchase is the difference :

888.30 - 650 = $238.30

Answer Link

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