alex purchased a motorbike that costs $3,500. hell pay for the motorbike through an installment plan. the…

alex purchased a motorbike that costs $3,500. hell pay for the motorbike through an installment plan. the installment plan requires him to make a 10% down payment and pay the remaining amount in 12 monthly installments of $276 each. how much will alex pay in finance charges?\na. $162\nb. $188\nc. $512\nd. $538\ne. $552

alex purchased a motorbike that costs $3,500. hell pay for the motorbike through an installment plan. the installment plan requires him to make a 10% down payment and pay the remaining amount in 12 monthly installments of $276 each. how much will alex pay in finance charges?\na. $162\nb. $188\nc. $512\nd. $538\ne. $552

Answer

Explanation:

Step1: Calcular el pago inicial

El costo del motorbike es de $3500. El pago inicial es el 10% de $3500. $$3500\times0.1 = 350$$

Step2: Calcular la cantidad total pagada en cuotas

Hay 12 cuotas de $276. $$12\times276=3312$$

Step3: Calcular la cantidad total pagada

La cantidad total pagada es el pago inicial más la cantidad total de las cuotas. $$350 + 3312=3662$$

Step4: Calcular los cargos de finanzas

Los cargos de finanzas son la cantidad total pagada menos el costo original del motorbike. $$3662-3500 = 162$$

Answer:

A. $162