Edgar purchased a living room set for $4,258 using a 12-month deferred payment plan. The interest rate after the introductory period is 18.70%. A down payment of $325 is required as well as a minimum monthly payment of $117. What is the balance after the introductory period if only the minimum payment is made until then? (2 points)
$3,397.16
$4,617.90
$3,330.90
$4,734.90