Edgar purchased a living room set for $4,258 using a 12-month deferred payment plan. The interest rate after the introductory period is 18.70%. A down payment of $325 is required as well as a minimum monthly payment of $117. What is the balance after the introductory period if only the minimum payment is made until then? (2 points)
$3,397.16
$4,617.90
$3,330.90
$4,734.90

Use the information given below, to compare the cost of operating two different vehicles for one month (4 weeks) you are considering two different cars. you drive to work, a 20 mile round trip, five days a week. gasoline costs you $1.50 per gallon car agets 28 miles per gallon, would have $300 a year in maintenance costs, and would cost you $1,500 per year to insure car b gets 19 miles per gallon, would have $500 a year in maintenance costs, and would cost you $1,000 per year to insure costs car a car b gas cost per month insurance cost per month maintenance cost per month $ total cost per month