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Your purchase cost $4,900.25, including tax. You sign an installment loan to pay $1,200 as a down payment. The remainder including the finance charge will be paid in 40 monthly installments of $102.58.
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Your purchase cost $4,900.25, including tax. You sign an installment loan to pay $1,200 as a

down payment. The remainder including the finance charge will be paid in 40 monthly
installments of $102.58. What is the total finance charge?

User Squidly
by
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1 Answer

3 votes
A table decreased in price by
3
5
. After the reduction it was priced at £40. What was the original price of the table?
User Ian Hickson
by
9.1k points
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