Brandy Emerson is interested in buying a solar energy system
Brandy Emerson is interested in buying a solar energy system for her home. At Sun-Savers, Inc., she picks out a system for a total cash price of $1,899. The salesperson informs her that if she qualifies for an installment loan, she may pay 10% now, as a down payment, and finance the balance with payments of $88.35 per month for 24 months.
a. What is the amount of the finance charge on this loan?
b. What is the total deferred payment price of the system?
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Discount Code: 0
: +1 0 0-0
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