Wayne Pinski wishes to buy a stove and a refrigerator from an appliance dealer. The cost of the two items is $2800, and Wayne pays $300 down and finances the balance at 17% add-on interest to be paid in 18 monthly installments. Find the total interest charged.
A) $525.50
B) $637.50
C) $425.00
D) $415.75
E) $375.80
B) $637.50
Mathematics
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