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

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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) About Me  (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