Solve the problem.
-The finance charge on a loan taken out by Edward is $\$ 702$. If there were 36 equal monthly installments needed to repay the loan, and the loan is paid in full with 4 months remaining, find the total finance charge paid. (Round answer to the nearest cent.)
A) $\$ 702.00$
B) $\$ 556.54$
C) $\$ 10.54$
D) $\$ 691.46$

Question

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The Answer of Solve the problem.
-The finance charge on a loan taken out by Edward is $\$ 702$. If there were 36 equal monthly installments needed to repay the loan, and the loan is paid in full with 4 months remaining, find the total finance charge paid. (Round answer to the nearest cent.)
A) $\$ 702.00$
B) $\$ 556.54$
C) $\$ 10.54$
D) $\$ 691.46$

Solve the Problem $702\$ 702$702 If There Were 36 Equal Monthly Installments Needed to Out

Solve the Problem $\$ 702$ If There Were 36 Equal Monthly Installments Needed to Out