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y8a7danjaKarie y8a7danjaKarie
  • 10-02-2016
  • Mathematics
Answered

Tom Brown decided to purchase a new bike on an installment loan. The bike was $300.00. He agreed to pay $30 a month for 12 months. What is the finance charge in dollars?

The finance charge is

Verified Answer :

Anonymous Anonymous
  • 10-02-2016

The answer is $60. $30 × 12 = $360 – $300 = $60.

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tiana0302 tiana0302
  • 01-03-2019

Answer:

The answer will be $60.00. :)

Step-by-step explanation:

Answer Link

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