Question

Lillian purchased a guitar from Smash Music for $760.00. She paid 15% down. She will pay the rest in seven equal payments of $115.00. How much is the down payment?

Answer 1

The down payment Lillian made for the guitar was $114.00, calculated by taking 15% of the total cost of the guitar which was $760.00.

Step-by-step explanation:

Lillian's down payment for the guitar purchased from Smash Music can be calculated using the given percentage which is 15%. As the total cost of the guitar is $760.00, the down payment which is 15% of $760.00 can be calculated as follows:

Down payment = 15/100 * $760.00

Upon performing the above calculation, the resulting down payment amount comes to $114.00. Therefore, Lillian's down payment for the guitar was $114.00.

Learn more about Down Payment Calculation