2. You purchase a washing machine and dryer for P750. You pay 20% down and agree to repay the balance in 12 equal monthly payments. The finance charge on the balance is 8% simple interest. a. Find the...

2. You purchase a washing machine and dryer for P750. You pay 20% down and agree to<br>repay the balance in 12 equal monthly payments. The finance charge on the balance is<br>8% simple interest.<br>a. Find the finance charge.<br>b. Estimate the annual percentage rate. Round to the nearest tenth of a percent.<br>3. Carlos Menton purchases a new laptop computer from Knox Computer Solutions for<br>

Extracted text: 2. You purchase a washing machine and dryer for P750. You pay 20% down and agree to repay the balance in 12 equal monthly payments. The finance charge on the balance is 8% simple interest. a. Find the finance charge. b. Estimate the annual percentage rate. Round to the nearest tenth of a percent. 3. Carlos Menton purchases a new laptop computer from Knox Computer Solutions for

Jun 11, 2022

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2. You purchase a washing machine and dryer for P750. You pay 20% down and agree to repay the balance in 12 equal monthly payments. The finance charge on the balance is 8% simple interest. a. Find the...

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