Mathematics, 26.01.2021 14:00 scholarlystudenttt28
Lisa purchases a professional racing bike that sells for $3,000 on an installment plan. The installment agreement includes a 7% down payment and 30 monthly payments of $111.75
A. How much is the down payment?
B. What is the total amount of the monthly payments?
C. How much will Lisa pay for the racing bike on the installment plan?
D. What is the finance charge?
Answers: 3
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Lisa purchases a professional racing bike that sells for $3,000 on an installment plan. The installm...
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