SOLUTION: A refrigerator can be purchased for $400 cash, or 25% down with 12 monthly installments of $30. how much is saved by paying cash?

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Question 590381: A refrigerator can be purchased for $400 cash, or 25% down with 12 monthly installments of $30. how much is saved by paying cash?
Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!
The down payment is



and

$60 is saved by paying cash

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