Question: table [ [ If the total policy premium is: , And you put down:,The balance subject to finance charge will be: , The total
tableIf the total policy premium is:And you put down:,The balance subject to finance charge will be:The total number of monthly installments $ minimum will be:The monthly installment before adding the finance charge will be:The total finance charge for all installments will be:And the total deferred payment price will be:$$$$$$
Peg feels that the finance charge of $ is in error.
a What is the actual finance charge for the first three months?
Note: Round your answer to the nearest cent.
Finance Charge
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