2. You purchase a washing machine and dryer for P750. You pay 20% down and agree to repay the balance in 12 equal monthly payments. The finance charge on the balance is 8% simple interest. a. Find the...

Extracted text: 2. You purchase a washing machine and dryer for P750. You pay 20% down and agree to repay the balance in 12 equal monthly payments. The finance charge on the balance is 8% simple interest. a. Find the finance charge. b. Estimate the annual percentage rate. Round to the nearest tenth of a percent. 3. Carlos Menton purchases a new laptop computer from Knox Computer Solutions for