Question

Deena wants to buy a 2200 laptop, but she doesn't have the money. She decides to finance the purchase and will pay montly payments of 231.55 for a year. How much extra will Deena end up paying for the laptop becuase she financed it rather than paying for it all once.

Answer 1

$578.6

Explanation:

231.55 multiplied by 12 is 2778.6.

Subtract that by the amount that she could've paid in a whole you would get 578.6.