Question:

Your purchase costs $4,900.25, including tax. You sign an installment loan to pay $1,200 as a down payment. The remainder including the finance charge will be paid in 40 monthly installments of $102.58. What is the total amount repaid? O $5333.02 O $5,303.

Last updated: 8/8/2022

Your purchase costs $4,900.25, including tax. You sign an installment loan to pay $1,200 as a down payment. The remainder including the finance charge will be paid in 40 monthly installments of $102.58. What is the total amount repaid?
O $5333.02
O $5,303.

Your purchase costs $4,900.25, including tax. You sign an installment loan to pay $1,200 as a down payment. The remainder including the finance charge will be paid in 40 monthly installments of $102.58. What is the total amount repaid? O $5333.02 O $5,303.20 O $5,230.03 O $5263.30