Hillary would like to buy a some new furniture. Rather then pay for the furniture all at once, she decides to purchase it with an installment plan.
She needs to put 12% down on the $3,210 Furniture. The remaining
balance she would pay back over the next 4 years. The monthly payments
using the installment plan are $68.2. What is the finance charge? Round
your answer to the nearest cent. Do not include a dollar sign in your
answer.