Question

Amrita wants to buy a $2,200 laptop, but she doesn't have the money. She

decides to finance the purchase and will pay monthly payments of $231.55
for a year. How much extra will Amrita end up paying for the laptop
because she financed it rather than paying for it all at once?
o 2,778.60
o1,621.40
o 578.60
o 463.10​

Answer 1

$578.60

Explanation:

This is because:

$231.55 x 12 = 2778.60

2778.60 - 2200 = $578.60