Julio purchased some power tools totaling $2,174 using a six-month deferred payment

QuestionsCategory: MathJulio purchased some power tools totaling $2,174 using a six-month deferred payment
Lisa Howell asked 8 months ago
Julio purchased some power tools totaling $2,174 using a six-month deferred payment plan with an interest rate of 28.19%. He did not make any payments during the deferment period. What will the total cost of the power tools be if he must pay them off the power tools within the two years after the deferment period?
A. $2,499.00
B. $3,297.84
C. $2,174.00
D. $4,122.30

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