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Bob borrower purchased a television for 299.95 he paid 25% down and agreed to pay 21.59 for 12 months what will he finance

Bob borrower purchased a television for 299.95 he paid 25% down and agreed to pay 21.59 for 12 months what will he finance
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Bob borrower purchased a television for 299.95 he paid 25% down and agreed to pay 21.59 for 12 months what will he finance

User BalajiK
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1 Answer

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so he will finance $15.2. 25% down payment was $74.99, at the end of one year his monthly payment will total $224.96. to the nearest tenth his APR will equal 259.08%
User Amrit Gill
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