You purchase a new desktop computer for $2,200. you put a 6% down payment and $100 per month on a 24 month purchase plan. determine the total finance charge. a. $333.00 c. $330.05 b. $331.21 d. $332.00

The right option is d.  $332

Step-by-step explanation:

We have given,

Purchasing cost of computer = $2,200

a 6% down payment and $100 per month on a 24 month plan.

i.e down payment amount = 6% of 2,200 = ×2,200 = $132

Remaining amount after down payment = $2,200 - $132 = $ 2068

Total amount paid for 24 month = 24 ×100 =$2400

So finance charge = $2400 - $2068 = $332

Hence the right option is d.  $332