What is the total amount of finance charge paid at the end of 40 months? and Attac finance toxique 01 - préparation

What is the total amount of finance charge paid at the end of 40 months?

Neal Diamond bought a new van for $ 10,000. Neal put down $ 1,000 and paid $ 275 monthly for 40 months. What is the total amount of finance charge that Neal paid at the end of 40 months?


Finance best answer:

Answer by JKRB
275 x 40 = 11,000
11,000 - 9,000 = $ 2,000 Total finance charge

Finance

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