Question

Jeremy wants to buy a new computer. The saleswoman says that he can make a down payment and then pay for the computer in installments. If Jeremy puts $600 down and pays $35 per month for 12 months, how much will the computer cost?

Answer 1

The computer will cost $1,069.

Step-by-step explanation:

To calculate the total cost of the computer, we need to determine the amount Jeremy will pay in installments.

1. First, we subtract the down payment of $600 from the total cost of the computer.
2. So, the remaining amount to be paid in installments is $1,249 - $600 = $649.
3. Next, we need to calculate the total amount paid over 12 months. Since Jeremy pays $35 per month, the total amount paid in installments is $35 x 12 = $420.

To find the total cost, we add the remaining amount to be paid in installments and the total amount paid over 12 months: $649 + $420 = $1,069.