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Savannah is buying a $1,200.00 Iphone 12 on an installment plan. She makes a down payment of $200.00. She makes monthly payments of $55.00 for 2 years. What is the total finance charge?
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Sagot :

Step-by-step explanation:

She paid !200 down and financed the phone for 24 months at $55. times 24 months = $1320. plus 200. down =$1520.

$1520 - $1200. original cost = $320

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