Question: Jean bought a $1,980 snow thrower on the installment plan. The installment agreement included a 10% down payment and 18 monthly payments of $116 each.

Jean bought a $1,980 snow thrower on the installment plan. The installment agreement included a 10% down payment and 18 monthly payments of $116 each.
a. How much is the down payment?
b. What is the total amount of the monthly payments?
c. How much did Jean pay for the snow thrower on the installment plan?
d. What is the finance charge?

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