SOLUTION: The list of a Tv set is $1600 a) If a customer pays cash, he is entitled to a 9 1/2% (fraction) discount. How much does he have to pay? b) If he pays 12 monthly installments.

Question 1091087: The list of a Tv set is $1600
a) If a customer pays cash, he is entitled to a 9 1/2% (fraction) discount. How much does he have to pay?
b) If he pays 12 monthly installments. he is entitled to a 5 1/2% (fraction) discount. How much has he to pay per month?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
(a)
As a decimal, the discount is:
The customer has to pay:

$1,448
---------------
(b)
As a decimal, the discount is:
The amount of his discount is:

The total amount he has to pay is:

His monthly payment is:

$126/month

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