document.write( "Question 320608: Jeanna wants to buy a new boat for her family. she has two payment options. the first option is to pay a cash payment of $7,200. the second option is to finance the boat with a three-year installment loan. the loan requires a 10% down payment and 36 equal monthly payments of $205. according to this information, what would be the finance charge on the loan? \n" ); document.write( "
Algebra.Com's Answer #229628 by solver91311(24713)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The down payment plus the total of the payments minus the sales price:\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "You can do your own arithmetic.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "John \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |