Georgia purchased a new laptop, which was advertised for $950. She bought it on the installment plan by making a $60 payment at the time of purchase and agreeing to finance the balance plus 12% simple interest on the balance in 24 monthly payments. How much is the finance charge? What is the total cost of the laptop?

Q: Julie borrowed $8200 at a simple interest rate of 0.5% per month. How much interest will she owe…

A: Given : Julie borrowed $8200 at a simple interest rate of 0.5% per month.   To Find : Simple…

Q: Carlita rodriguez and her brother purchased a house for $156,600. neighbors credit union financed…

A: cost of house = $156600 downpayment = 20% therefore calculate the downpayment 20% of 156600…

Q: Christina bought a new car for $29,000. She paid a 10% down payment and financed the remaining…

A: Given thatChristina bought a new car for $29,000. She paid a 10% down payment and financed the…

Q: The total intrest that she paid on the loan was $270.

A:

Q: Alex bought a new boat with a 15 year loan at a 2.4% interest rate. If he ended up paying $8456.40…

A:

Q: Lindsey bought a new car for $29,000. She paid a 20% down payment and financed the remaining balance…

A:

Q: where did you get the $480.42 for monthly payment?

A:

Q: Melissa Silva borrowed $6300 from the bank. If she has already repaid 4/7 of the loan, what is the…

A: