SOLUTION: Emily want to purchase a computer that sells for $1250. She can either pay the total amount at the time of purchase, or she can agree to pay the store $115 down and $85 a month for
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Question 196599: Emily want to purchase a computer that sells for $1250. She can either pay the total amount at the time of purchase, or she can agree to pay the store $115 down and $85 a month for 15 months. How much money can she save by paying the total amount at the time of purchase? Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! Emily want to purchase a computer that sells for $1250. She can either pay the total amount at the time of purchase, or she can agree to pay the store $115 down and $85 a month for 15 months. How much money can she save by paying the total amount at the time of purchase?
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If she pays all at time of purchase: cost = 1250
If she pays over time : cost = 115 + 85*15 = 1390
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She can save 1390-1250 = $140 if she pays all at time of purchase.
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Cheers,
Stan H.
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