Question

Carl wants to buy a television that costs $500, including taxes. To pay for the Television, he will use a payment plan that requires him to make a down payment of $125, and then pay $72.50 each month for 6 months. What is the percent increase from the original cost of the tv to the cost of the tv using the payment plan

Answer 1

I double checked my answer here is how I worked it out the original price for tv was $500 the down payment is $125 that left $375. He has to pay $72.50 for 6 months = $435 then add back the $125 = $560 this difference is $60 the % of that is 0.6%

Answer 2

Carl needs to purchase a TV that costs $500, including charges. To pay for the Television, he will utilize an installment plan that expects him to make an upfront installment of $125, and afterward pay $72.50 every month for a half year. The percent expansion from the first expense of the television to the expense of the television utilizing the installment plan:

The first cost for television was $500 the upfront installment is $125 that left $375. He needs to pay $72.50 for a half year = $435 then include back the $125 = $560 this distinction is $60 the % of that is 0.6%