John borrowed $1200 from his credit union at 18% simple interest. He agrees to repay the loan by making 30 equal monthly payments. 11. How much is the finance charge? (Remember interest rate and time must

John borrowed $1200 from his credit union at 18% simple interest. He agrees to repay the loan by making

30 equal monthly payments.
11. How much is the finance charge? (Remember interest rate and time must have matching units.)

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John borrowed $1200 from his credit union at 18% simple interest. He agrees to repay the loan by making 30 equal monthly payments. 11. How much is the finance charge? (Remember …

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