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1. Sarah bought a television from a rental center. She makes 18 monthly payments of $93.27 with her credit card. The rental center charges $3.85 for every purchase made with a credit card. She also had to pay late fees in the amount of $41.50 nine different times. What is the total cost of the television?

User Matt Peng
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Final answer:

The total cost of the television that Sarah bought, after including 18 monthly payments, credit card transaction fees, and late fees, is $2,121.66.

Step-by-step explanation:

To calculate the total cost of the television that Sarah bought from a rental center, we need to consider the monthly payments, the credit card transaction fee for each payment, and any late fees that were incurred.

Firstly, Sarah made 18 monthly payments of $93.27. The total cost from these payments is:

18 payments * $93.27 per payment = $1,678.86

Next, we account for the credit card transaction fee of $3.85 that is charged for every purchase. With 18 purchases, the total cost for transaction fees is:

18 transaction fees * $3.85 per fee = $69.30

Sarah also paid late fees 9 different times, with each fee being $41.50. The total cost for late fees is:

9 late fees * $41.50 per fee = $373.50

Finally, to get the total cost of the television, we add these amounts together:

$1,678.86 (monthly payments) + $69.30 (transaction fees) + $373.50 (late fees) = $2,121.66

Therefore, the total cost of the television after all payments and fees is $2,121.66.

User Beerend Lauwers
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We can split this all up into different parts then put it together at the end to make things easier.

Firstly, she makes those 18 monthly payments, so 93.27*18= $1678.86
Then, each one of those has a 3.85 surcharge for each one, so 3.85*18= $69.30
Finally, she has 9 lots of late fees, so 9*41.50 = $373.50

Now we can just add these together to get the total cost - 1678.86+69.30+373.50 = $2121.66
User Daniel Ashton
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