Question

A television sells for $700. Instead of paying the total amount at the time of the purchase, the same television can be bought by paying $200 down and $50 a month for

14 months. How much is saved by paying the total amount at the time of the purchase?

Answer 1

100 dollars would be saved because $50 for 14 months is 600 + the 200 they put down compared to 700 upfront it’s more by 100