What is the finance charge

Reference no: EM131216469

Emma Weber purchased a bedroom set with an installment loan that has an APR of 12%.

The bedroom set sells for $2,650. The store financing requires a 15% down payment and 42 monthly payments. What is the finance charge?

Reference no: EM131216469

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What is the finance charge : The bedroom set sells for $2,650. The store financing requires a 15% down payment and 42 monthly payments. What is the finance charge?

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