Answer :
Answer:
Correct answers are Marci's monthly payment: $227.30, and total finance charge: $455.20.
Step-by-step explanation:
24 months (2 years)
$45.46 x 5 = $227.30
$227.30 x 24 = $5,455.20
$5,455.20 - $5,000 = $455.20
Answer:
Correct answers are Marci's monthly payment: $227.30, and total finance charge: $455.20.
Step-by-step explanation:
24 months (2 years)
$45.46 x 5 = $227.30
$227.30 x 24 = $5,455.20
$5,455.20 - $5,000 = $455.20