Mathematics, 17.02.2021 20:40, india73
Jerry is looking at buying a new refrigerator, but can't afford the $1500 for the one he wants. The manager at the appliance store says Jerry can buy it on an installment plan if he pays 25% down and makes a years worth of $100 monthly payments. How much is the finance charge for this plan?
A) $1200
B) $375
C) $193
D) $75
Answers: 2
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