Question
Think of the rent-to-own agreement as though it were an add-on loan. If the consumer rents until the item is paid for, find the finance
Think of the rent-to-own agreement as though it were an add-on loan. If the consumer rents until the item is paid for, find the finance charge per $100 financed.
Maria rents a TV worth $360 for monthly payments of $13.50. After 33 years, she will own the TV.
What is the finance charge? per $100 financed.
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Discovering Advanced Algebra An Investigative Approach
Authors: Jerald Murdock, Ellen Kamischke, Eric Kamischke
1st edition
1559539844, 978-1604400069, 1604400064, 978-1559539845
