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Furniture Store Credit Card Disclosure Statement: On approved furniture store credit card purchases—based on your credit worthiness,...

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Advance Math

Furniture Store Credit Card Disclosure Statement: On approvedfurniture store credit card purchases—based on your creditworthiness, other terms may apply. $2,399 minimum purchase requiredfor this offer. Other finance offers available with lower minimumpayment requirements. The purchase amount is divided into equalmonthly payments for the promotional period. An additional $37 willbe added to the following month’s payment when payment is receivedafter the due date. No finance charges for 24 months. 23.9%standard rate, APR. The promotion is cancelled for accounts notcurrent, and the default rate of 25.9% and regular minimum monthlypayments apply. Minimum finance charge $2. Certain rules apply tothe allocation of payments and finance charges on your promotionalpurchase if you make more than one purchase on your credit card.Call 1-800-123-4567 or review your cardholder agreement forinformation. Sale items and clearance items excluded. Offer doesnot apply to previous purchases and cannot be combined with otherdiscounts.

You buy a sofa for $1499, 2 chairs (each at $299),$249 coffeetable,$199 end table, $153 for tax, $75 for delivery. What is theminimum monthly payment using the promotion to the nearestcent?

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