Joe Clemente bought a stereo costing $1700 with $100 down and 10% add-on interest to be paid in 18 equal monthly installments. Find the following. (Round your answers to the nearest cent.) the finance charge = 240 the monthly payment = 102.22 (A) the interest refund if he pays off the loan after 10 months $   (B) the amount needed to pay off the loan

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ISBN:9780470458365
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Joe Clemente bought a stereo costing $1700 with $100 down and 10% add-on interest to be paid in 18 equal monthly installments. Find the following. (Round your answers to the nearest cent.)

the finance charge = 240
the monthly payment = 102.22

(A) the interest refund if he pays off the loan after 10 months
$  

(B) the amount needed to pay off the loan

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