Homework Help: Math

Posted by Alarena on Wednesday, November 28, 2007 at 8:18pm.

please check my answer thanks :)

Mark has a finance charge on a loan of $984.00 based on the information below what is the total deferred payment price.

price of loan is $4,200 Mark is going finance his purchase with a two-year installment plan with a 12% down payment and 24 equal payments of $195.00

I got 4,680 I am not to sure

Math - Ms. Sue, Wednesday, November 28, 2007 at 8:22pm
Yes. $4680 is correct.

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