Jim wants to purchase a used boat. the price is $8,000 cash or $1,200 down and 18 monthly payments of $429.00. jim decided to finance the boat. calculate: the amount he will finance. the total amount of this monthly payments. the total finance charge.

The total monthly payments would be (18 payments) * ($429/payment) = $7,722.Adding the down payment of $1,200 gives a total amount of $8,922.
Since the upfront price would have been $8,000, this means that the total finance charge is $8,922 - $8,000 = $922.

The answer is 10. and if you go by pemdas you would 1. multiplication 2. division 3. addition 4. subtraction