Question

Find the total amount of installment payments for Jeffrey. He purchased a wraparound sofa for his den. He agreed to pay 12 installments of $68.60. Round dollars to the nearest cent.

Answer 1

$823.20

Explanation:

He has to pay $68.60 for each installment. As he agreed to pay 12 installments, we have to multiply $68.60 by 12.

That's 12 * $68.60 = $823.20.

So, the total amount of installment payments is the amount he pays for the 12 installments he agreed, that's $823.20.