Question

Lesson 16 Problem Set pays cash for the computer, the cost is $699.99. How much money will he save if he pays cash for the computer instead of paying for it in monthly payments? 3. Me Hower can buy a computer with a down payment of $510 and 8 monthly payments of $35.75. if he

Answer 1

EXPLANATION.

DATES:

-The cost in a single cash payment is:699.99

-With initial page is:510

-8 Monthly payments of 35.75

We must first know how much he would pay at the end of the 8 months and then make the difference with the value of a single cash payment,

So we solve the exercise as follows.