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Myra is planning to purchase a recliner that costs $1,490. The installment plan offered at the furniture store requires a 12% down payment and 20 monthly payments of $71 each. What will be the finance
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Myra is planning to purchase a recliner that costs $1,490. The installment plan offered at the furniture store requires a 12% down payment and

20 monthly payments of $71 each. What will be the finance charge for the installment plan?
A. $298.00
B. $179.80
C. $108.80
D. $70.00​

User Ruban Dharmaraj
by
3.3k points

1 Answer

4 votes

Answer: I think it is $70.00

Step-by-step explanation:

User Ajayv
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