# math

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Sam received a \$290 discount loan to purchase a stereo. The loan was offered at 16% for 90 days. Find the interest in dollars and the proceeds for the following problem.
The interest is \$12.60, \$11.60, or \$10.60 ?
The proceeds are \$279.40, \$278.40, or \$277.40 ?

Curtis purchased a mountain kike for \$650.00 with 75% down. He will make 12 payments of \$24.38 each. What is the total amount paid (including down payment) and finance charge in dollars?

The total paid (including down payment) is \$781.06, \$751.62 or \$749.62

The finance charge in dollars is \$131.06, \$121.62, or \$111.62

Thanks much

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