Math - full question

Julia purchased a new sofa for $1300 and made a 15% down payment and financed the rest over 12 months. The store charged 11% interest on the amount financed.

Find the down payment $

Find the amount financed: $

Find the interest paid: $

Find the monthly payment $

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asked by Leslie
  1. Down payment: 0.15 * 1300 = d

    Amount financed: 1300 - d = c

    Interest paid: 0.11 * c = b

    Monthly payment: b/12

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