To mark or decided to purchase a new dvd player on an installment loan dvd player was $295 tim agreed to pay $31 per month for 12 months what is the finance charge in dollars?

⇒ The finance charge = $77

Step-by-step explanation:

Given: The cost price of DVD player= $295

Since, Tim agreed to pay $31 per month for 12 months .

Therefore, the total amount paid by Tim=

The finance charge =

⇒ The finance charge =

⇒ The finance charge =$77

i think it's either c or d

step-by-step explanation: the entire question is extremely odd. 04 obviously refers to the interest rate. honestly i will say the answer is c. because the (2 x 12) part would mean it's compounded semiannually. i'll say choose c.

step-by-step explanation: