David Partridge bought a saddle from Linville Western Gear w…
David Partridge bought a saddle from Linville Western Gear with an 8.5% add-on interest installment loan. The purchase price of the saddle was $1,750.00. The loan required a 15% down payment and equal monthly payments for 36 months. a) ____________What is the total deferred payment price of the saddle?