Solved

Mrs Wong Bought a Diamond Necklace for 18 Monthly Payments

Question 26

Essay

Mrs. Wong bought a diamond necklace for 18 monthly payments of $88 each and a total finance charge of $164. She paid the necklace off 3 months early. What is the payoff amount?

Correct Answer:

verifed

Verified

payoff amount: $258....

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents