what is the amount owed for an installment lo...
what is the amount owed for an installment loan to purchase the item described in the table? finance plan product pinball machine price $4,200.00 discount 25% down payment $500.00
Answer
# Answer:
$2,650.00
# Explanation:
## Step1: Calculate discounted price
$4200\times(1 - 0.25)=4200\times0.75 = 3150$
## Step2: Subtract down - payment
$3150-500 = 2650$