SOLUTION: . Valerie bought a large screen TV for $1495, including taxes. She paid $400 down and financed the balance over 12 months. Her monthly payment was $104.04. a)How much did Vale

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: . Valerie bought a large screen TV for $1495, including taxes. She paid $400 down and financed the balance over 12 months. Her monthly payment was $104.04. a)How much did Vale      Log On

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Question 394771: . Valerie bought a large screen TV for $1495, including taxes. She paid $400 down and financed the balance over 12 months. Her monthly payment was $104.04.
a)How much did Valerie pay for the television?
b)What was the finance charge?

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
a)
She paid 400+%2B+12%2A104.04+=+1648.48
b)
The finance charge was 1648.48+-+1495+=+153.48