Question

Shondra buys a bedroom suite on the in-stallment plan. She makes a down payment of $200 and monthly payments of $52 each for three years. What is her total cost

Answer 1

$2072

Explanation:

Note that:

1 year = 12 months

Hence:

1 year = 12 months

3 years = x months

Cross Multiply

x = 3 × 12

x = 36 months

She makes a down payment of $200 and monthly payments of $52 each for three years.

Her total cost is represented by the expression

= $200 + $52 × m

Where m = number of monthly payments.

$200 + $52 × 36

= $200 + $1872

= $ 2072