SOLUTION: A young couple buys an appliance for $510 agreeing to pay $30 down and $20 at the end of each month until the entire debt is paid off. Express the amount P paid off in terms of num

SOLUTION: A young couple buys an appliance for $510 agreeing to pay $30 down and $20 at the end of each month until the entire debt is paid off. Express the amount P paid off in terms of num

Algebra.Com

Question 656852: A young couple buys an appliance for $510 agreeing to pay $30 down and $20 at the end of each month until the entire debt is paid off. Express the amount P paid off in terms of number m of monthly payments.
p=
Answer by lynnlo(4176) (Show Source): You can put this solution on YOUR website!
(P)=$20.00 a month times (M)24months
total 20x24=$480.00
down payment=$30.00
......$480.00+$30.00=$510.00
RELATED QUESTIONS
A woman borrows $1500, agreeing to pay $100 at the end of each month to reduce the... (answered by Theo,MathTherapy,ikleyn)

You are tasked with assisting a young couple in purchasing a home. The couple wants to... (answered by Theo,ikleyn)

An individual borrows 5000 Ghana cedis, agreeing to reduce the principal by 200 Ghana... (answered by Theo)

An employee of a discount appliance stre receivesan additional 20% off the losest cost of (answered by checkley71)

In order to accumulate enough money for a down payment on a house, a couple... (answered by addingup)

A high schools parent teacher organization has raised $1800 to help pay for a trip to an... (answered by macston)

1.Marina had an accident with her car and the repair bill came to $800. She didn�t have... (answered by ikleyn)

In order to accumulate enough money for a down payment on a house, a couple... (answered by Aldorozos,MathTherapy)

In order to accumulate enough money for a down payment on a house, a couple... (answered by Boreal)