Question

Juanita karoz purchased lawn furniture for $727. she made a 27% down payment and financed the remainder. what amount did she finance?

Answer 1

$530.71 is the correct answer

Answer 2

She financed $530.71

Step-by-step explanation:

Let:

`T_c=Total\hspace{3}cost\\D_p=Down\hspace{3}Payment\\F=Financed\hspace{3}amount`

So, the financed amount would be the total cost of the lawn furniture minus the down payment she made:

`F=T_c-D_p`

We know the total cost of the lawn furniture, so we need to find the down payment she made, which is really simple. Just multiply the total cost by 27 and divide the result by 100:

`D_p=(727*27)/(100) = 196.29`

Therefore the amount of money that she financed is:

`F=727-196.29=\$530.71`