Sammy wants to buy a new stereo priced at $413. He enters into an agreement to pay $20 a month for 24 months. How much will the finance charge be for this purchase?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Tags
Categories
Ask a Question

Prehfeldt asked Apr 24, 2023

37,695 views

17 votes

Sammy wants to buy a new stereo priced at $413. He enters into an

agreement to pay $20 a month for 24 months. How much will the finance
charge be for this purchase?

Mathematics
college

Prehfeldt asked Apr 24, 2023

by Prehfeldt

2.6k points

0 Comments

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Your answer

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

1 Answer

6 votes

Answer:

$840

Explanation:

20×24=840 so you divide $20 and 24 months and get 840

Aru answered Apr 29, 2023

by Aru

2.8k points

0 Comments

Your comment on this answer:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

0 Comments

Your comment on this question:

Your answer

1 Answer

0 Comments

Your comment on this answer:

Other Questions