Question

a couch sells for $1260. instead of paying the toatl amount at the time of the purchase, the same couch can be brought by paying 400 down and 80 a month for 12 months. how much is saved by paying the total amount at the time of the purchase

Answer 1

4500, plugged into a calculator, 480 per month for 12 months is 5760, and if the single payment purchase option is 1260, 5760 - 1260 = $4500. I frown at these things the world does to us.

Answer 2

He is saving $100 if he purchased the couch for the total amount