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Lawrence wagner purchased a log splitter with an installment loan that has an apr of 10%. the log splitter sells for $997. the store financing requires a 10% down payment and 36…

Lawrence wagner purchased a log splitter with an installment loan that has an apr of 10%. the log splitter sells for $997. the store financing requires a 10% down payment and 36…
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Lawrence wagner purchased a log splitter with an installment loan that has an apr of 10%. the log splitter sells for $997. the store financing requires a 10% down payment and 36 monthly payments. what is the finance charge?

User Fred Haslam
by
8.7k points

2 Answers

6 votes

ANswer:

$146.08

Step-by-step explanation:

User Degan
by
7.5k points
3 votes
$99.7 just take the total price x % and theres your awnser
User Roumelis George
by
8.0k points
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