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Joe Clemente bought a stereo costing $1800 with $300 down and 10% add-on interest to be paid in 18 equal monthly installments. Find the following.
Joe Clemente bought a stereo costing $1800 with $300 down and 10% add-on interest to be paid in 18 equal monthly installments. Find the following. (Round your answers to the nearest cent.) (a) the finance charge $ x (b) the monthly payment (c) the interest refund if he pays off the loan after 14 months $ (d) the amount needed to pay off the loan
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