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Calculate the amount financed, the finance charge, and the total deferred payment price (in $ ) for the following installment loan. begin{tabular}{|c|c|c|c|c|c|c|} hline Purchase (Cash)
Calculate the amount financed, the finance charge, and the total deferred payment price (in $ ) for the following installment loan. \begin{tabular}{|c|c|c|c|c|c|c|} \hline Purchase (Cash) Price & Down Payment & Amount Financed & Monthly Payment & Number of Payments & Finance Charge & Total Deferred Payment Price \\ \hline$3,200 & 20% & $2560 & $237.00 & 12 & $284 & $ \\ \hline \end{tabular}
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