Henry buys a designer furniture set at price of $1200. He pays 25% deposit and interest in 36 months plus outstanding balance. The interest charged on balance is 12%. The amount remaining after deposit is

Henry buys a designer furniture set at price of $1200. He pays 25% de

1.	Henry buys a designer furniture set at price of $1200. He pays 25% deposit and interest in 36 months plus outstanding balance. The interest charged on balance is 12%. The amount remaining after deposit is
A.	$1,000
B.	$1,300
C.	$900
D.	$1,200
Answer» D. $1,200