Calculate the finance charge:
$\begin{array}{|c|c|c|c|}
\hline \begin{array}{l}
\text { Laptop purchase } \
\text { price }
\end{array} & \text { Down Payment } & \begin{array}{l}
\text { Number of monthly } \
\text { payments }
\end{array} & \begin{array}{l}
\text { Amount of monthly } \
\text { payment }
\end{array} \
\hline 800 & \$ 300 & 16 & \$ 185 \
\hline
\end{array}$

Question

Calculate the finance charge:
 $\begin{array}{|c|c|c|c|}
\hline \begin{array}{l}
\text { Laptop purchase } \
\text { price }
\end{array} & \text { Down Payment } & \begin{array}{l}
\text { Number of monthly } \
\text { payments }
\end{array} & \begin{array}{l}
\text { Amount of monthly } \
\text { payment }
\end{array} \
\hline 800 & \$ 300 & 16 & \$ 185 \
\hline
\end{array}$

Quizplus · Accepted Answer

The Answer of Calculate the finance charge:
 $\begin{array}{|c|c|c|c|}
\hline \begin{array}{l}
\text { Laptop purchase } \
\text { price }
\end{array} & \text { Down Payment } & \begin{array}{l}
\text { Number of monthly } \
\text { payments }
\end{array} & \begin{array}{l}
\text { Amount of monthly } \
\text { payment }
\end{array} \
\hline 800 & \$ 300 & 16 & \$ 185 \
\hline
\end{array}$

Calculate the Finance Charge