# Math

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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 -

Yes. \$4680 is correct.

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