Will give brainliest if correct! Please hurry!
Davis Edwards purchased a new set of appliances (stove, refrigerator, and dishwasher) with an installment loan that has an APR of 10%
The appliance set sells for $3,400. The store financing requires a 10% down payment, and he chooses to repay over 36 monthly payments. What is the
finance charge?
Select one:
O a $55.35
Ob $553.52
Oc. $495.72
O d. $953.50