Mathematics, 01.06.2021 17:20 Requiem3327

Richard bought $14,550 worth of music equipment on the installment plan. The installment agreement included a 15% down payment and 18 monthly payments of $807.80 each. a) How much is the down payment. b) What is the total amount of the monthly payments. c) How much is the total amount he will pay for the music equipment on the installment plan. d) What is the finance charge.

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Richard bought $14,550 worth of music equipment on the installment plan. The installment agreement i...