Answer:
$435, $535
Step-by-step explanation:
You need to find out what 15% of $2900 dollars is. You can do this by multiplying the percent of $2900, (.15*2900) which gives you 435, so he will need to pay down $435
Then, to find out the finance charge, i believe that that is how much extra you need to pay to get what you need. So, subtract the down payment ($435) and the monthly payent ($250*12=3000) from the cost (2900) to get the finance charge. (3000+435-2900=$535)
I believe that that is what the finance charge is, but I for sure know the first one. Good luck!
