Earl purchased a living room set for $3,592 using a 12-month deferred payment plan. the interest rate after the introductory period is 21.80%. a down payment of $275 is required as well as a minimum monthly payment of $112. what is the balance after the introductory period if only the minimum payment is made until then? (2 points)
select one:
a. $4,004.92
b. $2,839.23 incorrect
c. $4,116.92
d. $2,772.92