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A customer charges a treadmill at Annie's Sport Shop. The price is $4000 and the financing charge is 6% per annum if the bill

A customer charges a treadmill at Annie's Sport Shop. The price is $4000 and the financing charge is 6% per annum if the bill is not paid in 30 days. The customer fails to pay the bill within 30 days and a finance charge is added to the customer's account. What is the amount of the finance charge? $240 $80 $8 $20 OO

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