Mathematics, 20.10.2021 08:10 tashaylinm02
1. Jean bought the new Iphone for $1080 (Tax included) on an installment plan. The installment
agreement included a 10% down payment and 24 monthly payments of $50 each.
a. How much is the down payment?
b. what’s the total amount of the monthly payments?
c. how much did Jean pay for the phone on the installment plan?
d. what is the finance charge (interest)?
Answers: 2
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1. Jean bought the new Iphone for $1080 (Tax included) on an installment plan. The installment
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