Calculate the finance charge:
$\begin{array}{|l|r|r|r|}
\hline\text { Sofa purchase } && \text { Number of monthly } & \text {Amount of monthly }\
\text { price } & \text { Down Payment } & \text { payments } & \text { payment }\
\hline\$1,500&\$200&12&\$175\
\hline
\end{array}$

Question

Calculate the finance charge:
 $\begin{array}{|l|r|r|r|}
\hline\text { Sofa purchase } && \text { Number of monthly } & \text {Amount of monthly }\
\text { price } & \text { Down Payment } & \text { payments } & \text { payment }\
\hline\$1,500&\$200&12&\$175\
\hline
\end{array}$

Quizplus · Accepted Answer

The Answer of Calculate the finance charge:
 $\begin{array}{|l|r|r|r|}
\hline\text { Sofa purchase } && \text { Number of monthly } & \text {Amount of monthly }\
\text { price } & \text { Down Payment } & \text { payments } & \text { payment }\
\hline\$1,500&\$200&12&\$175\
\hline
\end{array}$

Calculate the Finance Charge