Edgar purchased a living room set for $4,258 using a 12-month deferred payment plan. The interest rate after the introductory period is 18.70%. A down payment of $325 is required as well as a minimum monthly payment of $117. What is the balance after the introductory period if only the minimum payment is made until then?

$3397.16

$4617.90

$3330.90

$4734.90

Corrina purchased a motorcycle for $8,487. She made a down payment of $2,225. She applied for a four-year installment loan with an interest rate of 11.2%. What is the total cost of the motorcycle after four years?

$7797.60

$10,022.60

$10,568.64

$12,793.64

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Becky purchased a home entertainment center set for $2254 using an 18 month deferred payment plan with an interest rate of 22.48%. She did not make any platelets during the deferment period. What will Becky monthly payment be if she must pay off the home entertainment center set within three years after the deferment period?