Jim wants to purchase a used boat. The price is $8,000 cash or 1,200 down and 18 monthly payments of $429.00.Jim decided to finance the boat. Calculate: The amount he will finance. The total amount of his monthly payments. The total finance charge?

Respuesta :

total amount of monthly payments $7722.00
total financial charge $444.44
finance amount $35.37
total amount of monthly payments $7722.00
total financial charge $444.44
finance amount $35.37